The Mai Bell Apartments Now Leasing; Income-Restricted Units Will Use Lottery System

Friday, June 9, 2017
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/themaibell. 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.

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