Tennessee

Tax credit apartments in Sevierville, TN

HUD's database lists 9 properties in Sevierville built or rehabbed with low-income housing tax credits: 590 apartments, 590 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 Listings come from HUD's database and may be out of date.

Dogwood Ridge Apts

1263 Smithwood Rd, Sevierville, TN 37862

54 2BR

Apartments
54
Income-restricted
54
Placed in service
2011

Forest Cove

2121 New Era Road, Sevierville, TN 37862

12 1BR, 48 2BR, 36 3BR

Apartments
96
Income-restricted
96
Placed in service
2020

Gateview Ridge Apartments

1269 Avery Ln., Sevierville, TN 37862

52 2BR, 36 3BR

Apartments
88
Income-restricted
88
Placed in service
2020

Gist Creek Apts

446 Gists Creek Rd, Sevierville, TN 37876

8 1BR, 32 2BR, 8 3BR

Apartments
48
Income-restricted
48
Placed in service
2010

Highland Ridge Apts

1415 Avery Ln, Sevierville, TN 37862

56 2BR, 32 3BR

Apartments
88
Income-restricted
88
Placed in service
2013

Pickens Way Apartments

924 Pickens Dr., Sevierville, TN 37862

52 2BR, 36 3BR

Apartments
88
Income-restricted
88
Placed in service
2020

Riverpark Apts I

1110 Old Knoxville Hwy, Sevierville, TN 37862

8 1BR, 24 2BR, 14 3BR

Apartments
46
Income-restricted
46
Placed in service
1997

Riverpark Apts II

210 Riverpark Way, Sevierville, TN 37862

4 1BR, 36 2BR, 10 3BR

Apartments
50
Income-restricted
50
Placed in service
2007

Riverside Village

233 E. Hardin Lane, Sevierville, TN 37862

16 2BR, 16 3BR

Apartments
32
Income-restricted
32
Placed in service
2019

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.