Affordable Rental Development Program

Housing and Neighborhood Development Director

Becky Wade
(865) 215-2865

400 Main St., Room 532
Knoxville, TN 37902

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The City of Knoxville has established an affordable rental development fund in the initial amount of $2 million for the creation of new affordable and workforce rental housing.

This fund is in response to the need for standard rental units that are affordable to low and moderate income renters.

Knoxville has lost hundreds of affordable units over the last few years and at the same time, market rents have been steadily climbing.

In an effort to increase the supply and long-term availability of rental housing options for persons with modest incomes, this fund has been created to incentivize the development of quality affordable rental housing. 

Properties assisted with funding through the Affordable Rental Development Fund:

Southside Flats – 172 units (complete)
Young high Flats – 156 units (under construction)
Restoration House – 30 units (complete)
Flats at Pond Gap – 102 units (under construction)
Moss Grove Flats – 192 units (under construction)
Middlebrook Gardens – 10 units (complete)
Cottages at Clifton Rd – 53 units (complete)
Mineral Springs Apartments – 50 units (under construction)
Village at Holston Court – 24 units (complete)
Burlington Commons – 49 units (ready to break ground)

Affordable Rental Development Guidelines [PDF]

Affordable Rental Development Fund Application [PDF]