2023 Marshall County, Tennessee Fair Market Rents and Housing Choice Voucher Payment Standardsįair Market Rents can be used to better understand the average housing costs of an area. The maximum amount a voucher would pay on behalf of a low-income tenant in Marshall County, Tennessee for a two-bedroom apartment is between $785 and $959. The average voucher holder contributes $300 towards rent in Marshall County. On average, Section 8 Housing Choice vouchers pay Marshall County landlords $600 per month towards rent. Housing Choice Vouchers in Marshall County, Tennessee There are 164 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Marshall County. Low Rent Apartments in Marshall County, Tennessee Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. Marshall County features 647 income based apartments. Visit us online at County, Tennessee Affordable Housing Data Income Based Apartments in Marshall County, Tennessee Since 2009, the agency has assisted more than $1.5 million Tennessee families and businesses in 230 communities in all 95 counties of Tennessee, investing more than $5.4 billion through affordable loans, loan guarantees, and grants.įor more information on USDA Rural Development programs available in South Central Tennessee contact the Lawrenceburg Area Office at 93 x 4, or 80 x 1494. USDA Rural Development is moving investments to rural America with housing, business and infrastructure loans, and grants to create jobs and strengthen rural economies with an emphasis to assist areas of persistent poverty. Both properties were adjacent to one another on S. Maple Grove I was a 50-unit family complex, and Maple Grove II was a 40-unit family complex. Originally built in 19, the project was two separate properties. Maple Grove Apartments was assumed by Marshall County Associates II LP in April 2014. The complex office was also expanded to provide more usable space. The exterior was upgraded with a new mailbox gazebo, playground equipment and handicap parking and accessible sidewalks. Units designated as handicap accessible were given additional required features such as stairway, parking, and sidewalk accessibility. The reconstruction includes new ceramic tile floors, interior and exterior doors, appliances including the addition of dishwashers, HVAC units and water heaters, cabinets, granite countertops and ceiling fans in bedrooms. The apartment units were stripped and rebuilt to give a clean, modern look. The rehabilitation of the units’ interiors was extensive. Funds will be used to combine the two complexes, Maple Grove I and Maple Grove II, and provide 32 one-bedroom units and 58 two-bedroom units. The total development cost for the project was $7,024,946. In addition to THDA funds of $4,152,644, Maple Grove Apartments received a $2,872,302 loan through USDA RD’s Multi-Family Housing Program. USDA Rural Development Area Director Faye McEwen joined owners Chris and Brad Tursky and Tennessee Housing Development Agency (THDA) Director for Multifamily Development Mike Blade in celebration of the grand opening of Maple Grove Apartments today. FPEP Environmental Review Comment Submissions.Single-Family Housing Guaranteed Lender.Program Compliant Processing and Resolution Branch. RBCS How-To Apply Video Series for Applicants.
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