Spring Valley Apartments

1400 Manor Dr, Murfreesboro, Tennessee 37130

Contact Spring Valley Apartments

Spring Valley is an apartment community, located in Murfreesboro, TN and is managed by ALCO Management, Inc. Spring Valley Apartments offers 1 to 3 bedroom apartments ranging in size from 600 to 912 sq.ft. For more information, please contact their management office.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	600	Income Based
Two Bedroom (2/1)	755	Income Based
Three Bedroom (3/1)	912	Income Based

Eligibility for Spring Valley 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 Murfreesboro but actual income limits may differ for units at Spring Valley Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$21,000	$24,000	$27,000	$30,000	$35,140	$40,280
50%	$34,950	$39,950	$44,950	$49,900	$53,900	$57,900
80%	$55,900	$63,900	$71,900	$79,850	$86,250	$92,650

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 Murfreesboro but actual income limits may differ for units at Spring Valley Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$34,950	$39,950	$44,950	$49,900	$53,900	$57,900

Spring Valley Apartments Details

126 one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 223
Section 221 (d) (3)

Property Amenities

Playground
BBQ and Picnic Area
On-Site Manager
Off Street Parking
On-Site Maintenance
Laundry Facilities

Unit Amenities

Cable Ready
Window Coverings
Carpet
Refrigerator
Private Patio and Balcony

Nearby Amenities

Close to Public Transportation

Office Hours

Day	Hours
Monday	10:00am-5:00pm
Tuesday	10:00am-5:00pm
Wednesday	10:00am-5:00pm
Thursday	10:00am-5:00pm
Friday	10:00am-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.