About This Property
Highland Village offers 30 low-income rental units in Sparta, NC, with a mix of two, three, and four-bedroom homes serving families. The property has been in service since 2001 and receives funding through HOME and 9% LIHTC credits. The community contains 20 two-bedroom units, 8 three-bedroom units, and 2 four-bedroom units.
Property Details
Fair Market Rent - Alleghany 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 | $651 |
| 1 Bedroom | $655 |
| 2 Bedroom | $861 |
| 3 Bedroom | $1,041 |
| 4 Bedroom | $1,461 |
Income Limits - Alleghany County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,500
- Low (80%)
- $32,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,350
- Low (80%)
- $42,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,250
- Low (80%)
- $46,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,600
- Low (80%)
- $50,550
- Extremely Low (30%)
- $33,950
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $36,300
- Very Low (50%)
- $36,300
- Low (80%)
- $58,050
- Extremely Low (30%)
- $38,650
- Very Low (50%)
- $38,650
- Low (80%)
- $61,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,500 | $32,800 |
| 2 Persons | $17,420 | $23,400 | $37,450 |
| 3 Persons | $21,960 | $26,350 | $42,150 |
| 4 Persons | $26,500 | $29,250 | $46,800 |
| 5 Persons | $31,040 | $31,600 | $50,550 |
| 6 Persons | $33,950 | $33,950 | $54,300 |
| 7 Persons | $36,300 | $36,300 | $58,050 |
| 8 Persons | $38,650 | $38,650 | $61,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sparta, NC?+
The Fair Market Rent (FMR) for Alleghany County, NC is: $651 (Studio), $655 (1BR), $861 (2BR), $1041 (3BR), $1461 (4BR). Actual rent at subsidized properties like Highland Village is typically 30% of household income or less.
What size apartments are available at Highland Village?+
Highland Village offers the following unit types: 20 Two-Bedroom, 8 Three-Bedroom, 2 Four-Bedroom units, for a total of 30 units.
Who is eligible to live at Highland Village?+
Highland Village primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Highland Village?+
Highland Village 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.
Who manages Highland Village?+
Highland Village is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Sparta, NC?+
Based on Fair Market Rent for Alleghany County, the estimated price range is: 2-bedroom: $861, 3-bedroom: $1041. Actual rent at Highland Village may be lower for income-eligible households.
What are the income limits for affordable housing in Alleghany County, NC?+
For a 4-person household in Alleghany County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,250, Low Income (80% AMI): $46,800. These limits are set by HUD and updated annually.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.