About This Property
Cedar Ridge Apartments is a 40-unit affordable housing community in Haw River, NC that has served low-income families since 2012. The property includes 13 one-bedroom and 27 two-bedroom units funded through the 9% Low-Income Housing Tax Credit program. This Alamance County development provides rental housing options for families seeking affordable accommodations.
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 Haw River, 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 Cedar Ridge Apartments is typically 30% of household income or less.
What size apartments are available at Cedar Ridge Apartments?+
Cedar Ridge Apartments offers the following unit types: 13 One-Bedroom, 27 Two-Bedroom units, for a total of 40 units.
How do I apply for housing at Cedar Ridge Apartments?+
Cedar Ridge Apartments 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 Haw River, NC?+
Based on Fair Market Rent for Alamance County, the estimated price range is: 1-bedroom: $1043, 2-bedroom: $1215. Actual rent at Cedar Ridge Apartments may be lower for income-eligible households.
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 Cedar Ridge Apartments?+
Cedar Ridge Apartments is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Cedar Ridge Apartments?+
Cedar Ridge Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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