About This Property
Cannon Place comprises 74 low-income residential units serving families in Graham, North Carolina. The community includes 50 two-bedroom and 24 three-bedroom units and has been in service since 1999. This property is financed through 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by The Graham Housing Authority
Public Housing waitlist will be re-opening on 7/13/2026 for 2-5 bedrooms. Applications may be obtained at the housing authority office.
Applications for Section 8 Housing Choice Vouchers will not be accepted after August 7, 2025. Program participants normally owe no more than 30% of monthly adjusted income towards rent and utilities.
Waitlist data provided by section8waitlist.org
Updated August 18, 2026
Property Details
Fair Market Rent - Alamance County, NC
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $828 |
| 1 Bedroom | $1,043 |
| 2 Bedroom | $1,215 |
| 3 Bedroom | $1,523 |
| 4 Bedroom | $1,713 |
Income Limits - Alamance County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,150
- Very Low (50%)
- $23,600
- Low (80%)
- $37,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,000
- Low (80%)
- $43,150
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,350
- Low (80%)
- $48,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,700
- Low (80%)
- $53,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,400
- Low (80%)
- $58,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,100
- Low (80%)
- $62,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,800
- Low (80%)
- $66,850
- Extremely Low (30%)
- $44,500
- Very Low (50%)
- $44,500
- Low (80%)
- $71,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,150 | $23,600 | $37,750 |
| 2 Persons | $17,420 | $27,000 | $43,150 |
| 3 Persons | $21,960 | $30,350 | $48,550 |
| 4 Persons | $26,500 | $33,700 | $53,900 |
| 5 Persons | $31,040 | $36,400 | $58,250 |
| 6 Persons | $35,580 | $39,100 | $62,550 |
| 7 Persons | $40,120 | $41,800 | $66,850 |
| 8 Persons | $44,500 | $44,500 | $71,150 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Graham, NC?+
The Fair Market Rent (FMR) for Alamance County, NC is: $828 (Studio), $1043 (1BR), $1215 (2BR), $1523 (3BR), $1713 (4BR). Actual rent at subsidized properties like Cannon Place is typically 30% of household income or less.
What size apartments are available at Cannon Place?+
Cannon Place offers the following unit types: 50 Two-Bedroom, 24 Three-Bedroom units, for a total of 74 units.
Is there a waitlist for Cannon Place?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who is eligible to live at Cannon Place?+
Cannon Place primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Alamance County, NC?+
For a 4-person household in Alamance County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,700, Low Income (80% AMI): $53,900. These limits are set by HUD and updated annually.
Who manages Cannon Place?+
Cannon Place is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Cannon Place?+
Cannon Place is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in Graham, NC?+
Based on Fair Market Rent for Alamance County, the estimated price range is: 2-bedroom: $1215, 3-bedroom: $1523. Actual rent at Cannon Place may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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