Tennessee

Tax credit apartments in Cleveland, TN

HUD's database lists 13 properties in Cleveland built or rehabbed with low-income housing tax credits: 1,180 apartments, 1,180 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Bradley Place Apts

435 Kile Ln SW, Cleveland, TN 37311

16 1BR, 40 2BR, 24 3BR

Apartments
80
Income-restricted
80
Placed in service
1999

Cherokee Hills Apartments

2020 Bates Pike SE, Cleveland, TN 37311

40 2BR, 28 3BR, 28 4BR

Apartments
96
Income-restricted
96
Placed in service
2016

Cleveland Court

1191 Cedar Lane (Smith Dr At Lee Highway), Cleveland, TN 37311

HUD lists it as senior housing · 69 studio, 9 1BR

Apartments
78
Income-restricted
78
Placed in service
2020

Cleveland Forward Phase One

450 Walker St. NE, Cleveland, TN 37320

29 1BR, 73 2BR, 39 3BR, 5 4BR

Apartments
146
Income-restricted
146
Placed in service
2022

Cleveland Forward Phase Two

450 Walker St. NE, Cleveland, TN 37320

36 1BR, 67 2BR, 39 3BR, 5 4BR

Apartments
147
Income-restricted
147
Placed in service
2022

Forest Grove

2350 Blackburn Rd SE, Cleveland, TN 37311

56 2BR, 40 3BR

Apartments
96
Income-restricted
96
Placed in service
1997

North Cleveland Towers

1200 Magnolia Ave NE, Cleveland, TN 37311

Apartments
110
Income-restricted
110
Placed in service
2013

Ocoee Village Apartments

1350 2nd Street NE, Cleveland, TN 37311

1 1BR, 34 2BR, 15 3BR

Apartments
50
Income-restricted
50
Placed in service
2021

Parktowne Apts

2005 Westland Dr SW, Cleveland, TN 37311

16 1BR, 48 2BR, 20 3BR

Apartments
84
Income-restricted
84
Placed in service
1998

Spring Lake Apts

1525 Spring Pl Rd SE, Cleveland, TN 37311

8 1BR, 32 2BR, 24 3BR

Apartments
64
Income-restricted
64
Placed in service
2008

The Historic Sanda Mills Lofts

140 Edwards Street NE, Cleveland, TN 37311

HUD lists it as senior housing · 24 1BR, 28 2BR

Apartments
52
Income-restricted
52
Placed in service
2022

The Preserve At Hardwick

4921 N. Lee Highway, Cleveland, TN 11111

HUD lists it as senior housing · 11 1BR, 69 2BR

Apartments
80
Income-restricted
80
Placed in service
2016

Waters Edge Apartments

2360 Blackburn Road, Cleveland, TN 37311

17 1BR, 64 2BR, 16 3BR

Apartments
97
Income-restricted
97
Placed in service
2017

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.