What You Need
The PILOT Program is a program set up by The City of Chattanooga for the purpose of providing affordable rents to households with incomes that fall within $38,000 (one income) to $43,400 (two incomes combined). For example, if one makes less than $38,000, they can qualify to rent a one bedroom apartment in either the Lula or, Craven floorplans at Market City Center for $950 a month. MCC guidelines require applicants to make 2.5 times the monthly rent. Therefore, the minimum requirements would be $28,500 gross yearly income.