About This Property
Ridgeview Apts comprises 36 one-bedroom units in Sparta, NC, serving elderly residents with low-income housing assistance. The property was placed in service in 1989 and operates under 9% Low-Income Housing Tax Credit financing. Professional management oversees day-to-day operations and tenant services.
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 Ridgeview Apts is typically 30% of household income or less.
What size apartments are available at Ridgeview Apts?+
Ridgeview Apts offers the following unit types: 36 One-Bedroom units, for a total of 36 units.
Who is eligible to live at Ridgeview Apts?+
Ridgeview Apts primarily serves elderly residents. 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 Ridgeview Apts?+
Ridgeview Apts 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 Sparta, NC?+
Based on Fair Market Rent for Alleghany County, the estimated price range is: 1-bedroom: $655. Actual rent at Ridgeview Apts may be lower for income-eligible households.
Who manages Ridgeview Apts?+
Ridgeview Apts is managed by . You can reach them at . Visit their website for more information.
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
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.