About This Property
Mebane Mill Lofts comprises 75 low-income residential units in Mebane, North Carolina, serving families with a mix of one, two, and three-bedroom apartments. The property, which opened in 2011, includes 23 one-bedroom units, 32 two-bedroom units, and 20 three-bedroom units. The development is financed through 9% Low-Income Housing Tax Credits.
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Mebane, 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 Mebane Mill Lofts is typically 30% of household income or less.
What size apartments are available at Mebane Mill Lofts?+
Mebane Mill Lofts offers the following unit types: 23 One-Bedroom, 32 Two-Bedroom, 20 Three-Bedroom units, for a total of 75 units.
Who is eligible to live at Mebane Mill Lofts?+
Mebane Mill Lofts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Mebane Mill Lofts?+
Mebane Mill Lofts is managed by . You can reach them at . Visit their website for more information.
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.
How do I apply for housing at Mebane Mill Lofts?+
Mebane Mill Lofts 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 Mebane, NC?+
Based on Fair Market Rent for Alamance County, the estimated price range is: 1-bedroom: $1043, 2-bedroom: $1215, 3-bedroom: $1523. Actual rent at Mebane Mill Lofts may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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