Parsons Cove Apartments

31 Gunn Gardens Place, Parsons, Tennessee 38363

Contact Parsons Cove Apartments

Affordable independent living for seniors 55 and up. Quiet, relaxing atmosphere. Apartments have indoor access, a laundry facility, and a community room for events. Many programs available through Home Health Providers and on site Service Coordinator. Local Grocery and Pharmacies will deliver to your door. Parsons Cove Apartments offers 1 to 2 bedroom apartments ranging from 576 to 780 sq.ft. For more information, please contact their management office.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	576	Income Based
Two Bedroom (2/1)	780	Income Based

Eligibility for Parsons Cove 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 Parsons but actual income limits may differ for units at Parsons Cove Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$14,580	$19,720	$24,860	$30,000
50%	$23,400	$26,750	$30,100	$33,400
80%	$37,400	$42,750	$48,100	$53,400

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 Parsons but actual income limits may differ for units at Parsons Cove Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$23,400	$26,750	$30,100	$33,400

Parsons Cove Apartments Details

50 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 223
Section 8 New Construction
Section 221 (d) (3)

Property Amenities

Community Room
On-Site Manager
On-Site Maintenance
Laundry Facilities

Unit Amenities

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

Office Hours

Day	Hours
Monday	9:00am-4:00pm
Tuesday	9:00am-4:00pm

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.

Images of Parsons Cove Apartments

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