Saints Court Apartments is managed by Alco Management Inc..
Welcome to Saints Court Apartments in Memphis, TN! Nestled in the vibrant Vollintine-Evergreen neighborhood, our income-based community offers 1 & 2-bedroom apartments ranging from 703 to 784 sq.ft. Enjoy convenient amenities like laundry facilities, on-site maintenance, a playground, and a business center. Your new home awaits at Saints Court! Apply now on our website to join our waitlist.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 703 | Income Based |
Two Bedroom (2/1) | 784 | Income Based |
Apply on our website to join our 1-bedroom waiting list. Eligible prospects for Section 8 income-based housing must have incomes at 60% or less of the area median income. Renters who qualify will pay 30% of their adjusted gross income towards their rent each month. Don't miss out - apply now to secure your spot on the waiting list!
Last updated on February 8th, 2024Apply on our website to join our 2-bedrooms waiting list. Eligible prospects for Section 8 income-based housing must have incomes at 60% or less of the area median income. Renters who qualify will pay 30% of their adjusted gross income towards their rent each month. Don't miss out - apply now to secure your spot on the waiting list!
Last updated on February 8th, 2024Generally, 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 Saints Court Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $17,050 | $19,720 | $24,860 | $30,000 |
50% | $28,350 | $32,400 | $36,450 | $40,500 |
80% | $45,400 | $51,850 | $58,350 | $64,800 |
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 Saints Court Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $28,350 | $32,400 | $36,450 | $40,500 |
Low Income (60%) | $34,020 | $38,880 | $43,740 | $48,600 |
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 |
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.
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.
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.