Pershing Park Apartments

3707 Pershing Park Drive, Memphis, Tennessee 38127

Contact Pershing Park Apartments

SPECIAL PROMO: We have a charming 2-bedroom unit AVAILABLE NOW for just $700/month. Visit our website www.pershingparkapts.com/floorplans to apply for our 2 Bedroom Apartment (Not Income Based). We look forward to welcoming you to your new home!

Pershing Park offers affordable, income-based apartment homes in the Frayser neighborhood of Memphis, Tennessee. Choose from one, two and three-bedroom apartments, perfect for individuals and families. With on-site maintenance, a business center and more our community provides convenient amenities tailored to residents. Visit our website or call our office to learn more.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	554	Income Based
2 Bedrooms (2/1)	712	Income Based
3 Bedrooms (3/1)	904	Income Based

Eligibility for Pershing Park Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Memphis but actual income limits may differ for units at Pershing Park Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$17,050	$19,720	$24,860	$30,000	$35,140	$40,280
50%	$28,350	$32,400	$36,450	$40,500	$43,750	$47,000
80%	$45,400	$51,850	$58,350	$64,800	$70,000	$75,200

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Memphis but actual income limits may differ for units at Pershing Park Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$28,350	$32,400	$36,450	$40,500	$43,750	$47,000
Low Income (60%)	$34,020	$38,880	$43,740	$48,600	$52,500	$56,400

Pershing Park Apartments Details

168 one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program
Section 221 (d) (3)
Section 236

Property Amenities

Playground
24hr Emergency Maintenance
Laundry Facilities
On Bus-line
Picnic Area
Wheel Chair Accessible

Unit Amenities

Air Conditioning
Dishwasher
Microwave
Cable Ready
Window Coverings
Carpet
Hardwood Floors
Refrigerator
Energy Efficient Appliances

Nearby Amenities

Close to Public Transportation

Office Hours

Day	Hours
Monday	7:30am-4:30pm
Tuesday	7:30am-4:30pm
Wednesday	7:30am-4:30pm
Thursday	7:30am-4:30pm
Friday	7:30am-4:30pm

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.