Park at Leigh Springs is managed by First Cumberland Properties.
The Park at Leigh Springs is an affordable apartment community offering 1-, 2-, and 3-bedroom units. This community also has amenities such as a clubhouse, a playground, media center, picnic and grilling area, and on-site maintenance. Units also feature high speed internet access, washer and dryer hook ups, heat and air, ceiling fans, and is cable ready.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
Two Bedroom Two Bath (2/2) | - | Call for Price |
Two Bedroom (2/1) | - | Call for Price |
Three Bedroom (3/1) | - | Call for Price |
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 Smyrna but actual income limits may differ for units at Park at Leigh Springs.
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 |
Low Income (60%) | $41,940 | $47,940 | $53,940 | $59,880 | $64,680 | $69,480 |
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.