Tazewell Village

808 Majestic Way, New Tazewell, Tennessee 37825

Contact Tazewell Village

Tazewell Village is an affordable apartment community offering 1-bedroom units for seniors aged 62+ and for residents with disabilities. This community has a community laundry facility, monthly pest control, and a spacious community center.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price

Eligibility for Tazewell Village

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 New Tazewell but actual income limits may differ for units at Tazewell Village.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$23,400	$26,750	$30,100	$33,400	$36,100	$38,750	$41,450	$44,100
Low Income (60%)	$28,080	$32,100	$36,120	$40,080	$43,320	$46,500	$49,740	$52,920

Tazewell Village Details

44 one bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Pest Control
Laundry Facilities
Community Center
Resident Activities

Unit Amenities

Refrigerator
Oven and Range
Water Trash and Sewer Included
Bathroom Grab Bars
Private Porch
Individual heating and cooling systems

Office Hours

Day	Hours
Tuesday	9:00am-6:00pm
Wednesday	9:00am-6:00pm
Thursday	9:00am-6:00pm
Friday	9:00am-6:00pm

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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.