Presidential West Apartments

5459 Hudgins Road, Memphis, Tennessee 38116

Contact Presidential West Apartments

Presidential West is newly renovated apartment community in south Memphis that offers one, two, and three bedroom units. The new Tanger Outlet Mall is minutes from the apartment community. Presidential West is located off I-55 in a neighborhood setting. The property offers all appliances including washer and dryer hookups and dishwashers. The outdoor life includes a new playground and BBQ grills. Come and enjoy Presidential West and all it has to offer!

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	740	Income Based
Two Bedroom One Bath (2/1)	780	Income Based
Two Bedroom One Half Bath (2/1.5)	850	Income Based
Three Bedroom (3/2)	925	Income Based

Eligibility for Presidential West 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 Presidential West 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 Presidential West 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

Presidential West Apartments Details

112 one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Playground
On-Site Manager
On-Site Maintenance
Laundry Facilities
Wheel Chair Accessible

Unit Amenities

Air Conditioning
Dishwasher
Washer and Dryer Hookup
Cable Ready
Refrigerator
Balconies or Patios Available
Large Closets

Office Hours

Day	Hours
Monday	8:00am-5:00pm
Tuesday	8:00am-5:00pm
Wednesday	8:00am-5:00pm
Thursday	8:00am-5:00pm
Friday	8:00am-5:00pm

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.