Tennessee

Tax credit apartments in Smyrna, TN

HUD's database lists 7 properties in Smyrna built or rehabbed with low-income housing tax credits: 854 apartments, 854 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 Listings come from HUD's database and may be out of date.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 Way Apartments

443 Mason Tucker Drive, Smyrna, TN 37176

HUD lists it as senior housing · 48 1BR, 48 2BR

Apartments
96
Income-restricted
96
Placed in service
2019

Colony Square Apts

500 Rock Springs Rd, Smyrna, TN 37167

8 1BR, 56 2BR, 16 3BR

Apartments
80
Income-restricted
80
Placed in service
2008

Imperial Garden Apartments

1 Imperial Blvd., Smyrna, TN 37167

80 1BR, 176 2BR, 44 3BR

Apartments
300
Income-restricted
300
Placed in service
2016

Meadow Wood Apts

600 Nissan Dr, Smyrna, TN 37167

16 2BR, 72 3BR

Apartments
88
Income-restricted
88
Placed in service
1992

Ridgemont Park

Lee Victory Pkwy & Bulldog, Smyrna, TN

Apartments
120
Income-restricted
120
Placed in service
2013

Sherwood Forest

200 Friar Tuck Cir, Smyrna, TN 37167

Apartments
70
Income-restricted
70
Placed in service
2010

The Park At Leigh Springs

100 Ashton Cir, Smyrna, TN 37167

12 1BR, 80 2BR, 8 3BR

Apartments
100
Income-restricted
100
Placed in service
2013

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.