Tennessee

Tax credit apartments in Lebanon, TN

HUD's database lists 11 properties in Lebanon built or rehabbed with low-income housing tax credits: 1,227 apartments, 1,227 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 Listings come from HUD's database and may be out of date.

Greentree Pointe

1640 West Maine Street, Lebanon, TN 37087

12 1BR, 40 2BR, 78 3BR

Apartments
130
Income-restricted
130
Placed in service
2017

Ironwood Apartments

415 Rome Pike, Lebanon, TN 37087

66 1BR, 96 2BR, 24 3BR

Apartments
186
Income-restricted
186
Placed in service
2022

Limestone Trail Apartments

1414 Alhambra Drive, Lebanon, TN 37087

63 2BR, 79 3BR

Apartments
142
Income-restricted
142
Placed in service
2025

Maple Crossing Apartments

100 Maple Crossing Drive, Lebanon, TN 37087

48 2BR, 24 3BR

Apartments
72
Income-restricted
72
Placed in service
2019

Meadows Of Lebanon

50 Meadows Dr, Lebanon, TN 37087

8 1BR, 48 2BR, 16 3BR

Apartments
72
Income-restricted
72
Placed in service
2005

Peyton Park Apts

160 Peyton Rd, Lebanon, TN 37087

96 2BR, 24 3BR

Apartments
120
Income-restricted
120
Placed in service
2005

Rollingwood Apts

300 Hillcreek Dr, Lebanon, TN 37087

122 2BR, 32 3BR

Apartments
154
Income-restricted
154
Placed in service
1997

Saddlebrook Senior Apts

205 Carver Ln, Lebanon, TN 37087

HUD lists it as senior housing · 68 1BR, 23 2BR

Apartments
91
Income-restricted
91
Placed in service
2005

Spring Hill

908 Spring Hill Cir, Lebanon, TN 37087

40 2BR, 48 3BR

Apartments
88
Income-restricted
88
Placed in service
1997

The Ridge At Lebanon

W. Baddour Parkway & 502 Fairview Ave., Lebanon, TN 37087

28 1BR, 36 2BR, 32 3BR

Apartments
96
Income-restricted
96
Placed in service
2017

Wood Falls Apartments

201 Carver Lane, Lebanon, TN 37087

45 2BR, 31 3BR

Apartments
76
Income-restricted
76
Placed in service
2018

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.