About This Property
Pine Ridge Place offers 16 low-income units in Polkton, NC, serving elderly residents. The property includes 14 one-bedroom and 2 two-bedroom units and has been in service since 1993. The development utilizes 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Anson 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 | $751 |
| 1 Bedroom | $843 |
| 2 Bedroom | $1,108 |
| 3 Bedroom | $1,340 |
| 4 Bedroom | $1,535 |
Income Limits - Anson 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 Polkton, NC?+
The Fair Market Rent (FMR) for Anson County, NC is: $751 (Studio), $843 (1BR), $1108 (2BR), $1340 (3BR), $1535 (4BR). Actual rent at subsidized properties like Pine Ridge Place is typically 30% of household income or less.
What size apartments are available at Pine Ridge Place?+
Pine Ridge Place offers the following unit types: 14 One-Bedroom, 2 Two-Bedroom units, for a total of 16 units.
Who is eligible to live at Pine Ridge Place?+
Pine Ridge Place 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 Pine Ridge Place?+
Pine Ridge Place is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Pine Ridge Place?+
Pine Ridge Place is managed by . You can reach them at .
What are the income limits for affordable housing in Anson County, NC?+
For a 4-person household in Anson 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.
What is the price range for apartments in Polkton, NC?+
Based on Fair Market Rent for Anson County, the estimated price range is: 1-bedroom: $843, 2-bedroom: $1108. Actual rent at Pine Ridge Place may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car