The newly constructed Mai Bell apartment building in Highland Park is now leasing.
The three-story building holds 49 residential units and is comprised of 41 one-bedroom units, six two-bedroom units, and two three-bedroom units. Eleven of the 49 units will be income-restricted for lower income households. There is one available commercial space on the ground floor.
The income-restricted rents range from $462 to $884. A lottery will be used for initial leasing of these units.
Anyone interested in renting an income-restricted unit must sign up at www.cneinc.org/themaibell
or at CNE’s offices, 1500 Chestnut St., Ste. 102. CNE is currently accepting sign ups and will close sign ups on Monday, June 19 at 5 p.m. The lottery will be held at noon on Tuesday, June 20.
Market rate applications for the Mai Bell apartment building are available online at www.cneinc.org/themaibel
l. The rents range from $800 to $1,500.
The income-restricted units are made possible from a grant of HOME funds through the City of Chattanooga’s Department of Economic and Community Development; Andy Berke, Mayor.
For more information about the Mai Bell apartments, contact Zach Downs at 423-756-6242.