Welcome to Eagle View Townhomes, where renting feels like home ownership.
Eagle View Townhomes is an affordable family housing project that operates in accordance with the requirements of the Low Income Housing Tax Credit Program governed under Section 42 of the Internal Revenue Code.
What does this mean for you? -An affordable housing option unlike any other rental housing in the area.
Eagle View Townhomes is not a subsidized housing project.
What is the difference? Their rent rates are not based on a percentage of your income. Their rent rates are a fixed percentage of the Sevier County median income.
Because they are a low income housing project there are requirements and restrictions that applicants must meet to qualify for tenancy. There are also rules and regulations that tenants must follow to ensure their tenancy as well.
They offer 2 bedroom, 1 bath, 3 bedroom, 2 bath and 4 bedroom, 2 bath units with an attached garage.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
2 Bedroom (2/1) | 930 | Call for Price |
3 Bedroom (3/2) | 1112 | Call for Price |
4 Bedroom (4/2) | - | Call for Price |
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.