About This Property
Bridgewood Square Co-Op offers 16 low-income units in Belhaven, North Carolina, with a unit mix of ten 2-bedroom, four 3-bedroom, and two 4-bedroom homes serving families. The property has been in service since 1995 and receives funding through the HOME program and 9% LIHTC credits. This cooperative housing development provides affordable rental options in Beaufort County.
Property Details
Fair Market Rent - Beaufort 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 | $668 |
| 1 Bedroom | $672 |
| 2 Bedroom | $856 |
| 3 Bedroom | $1,166 |
| 4 Bedroom | $1,453 |
Income Limits - Beaufort County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,100
- Low (80%)
- $33,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,100
- Low (80%)
- $38,550
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,100
- Low (80%)
- $43,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,100
- Low (80%)
- $48,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,550
- Low (80%)
- $52,050
- Extremely Low (30%)
- $34,950
- Very Low (50%)
- $34,950
- Low (80%)
- $55,900
- Extremely Low (30%)
- $37,350
- Very Low (50%)
- $37,350
- Low (80%)
- $59,750
- Extremely Low (30%)
- $39,750
- Very Low (50%)
- $39,750
- Low (80%)
- $63,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,100 | $33,750 |
| 2 Persons | $17,420 | $24,100 | $38,550 |
| 3 Persons | $21,960 | $27,100 | $43,350 |
| 4 Persons | $26,500 | $30,100 | $48,150 |
| 5 Persons | $31,040 | $32,550 | $52,050 |
| 6 Persons | $34,950 | $34,950 | $55,900 |
| 7 Persons | $37,350 | $37,350 | $59,750 |
| 8 Persons | $39,750 | $39,750 | $63,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Belhaven, NC?+
The Fair Market Rent (FMR) for Beaufort County, NC is: $668 (Studio), $672 (1BR), $856 (2BR), $1166 (3BR), $1453 (4BR). Actual rent at subsidized properties like Bridgewood Square Co-Op is typically 30% of household income or less.
What size apartments are available at Bridgewood Square Co-Op?+
Bridgewood Square Co-Op offers the following unit types: 10 Two-Bedroom, 4 Three-Bedroom, 2 Four-Bedroom units, for a total of 16 units.
Who manages Bridgewood Square Co-Op?+
Bridgewood Square Co-Op is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Bridgewood Square Co-Op?+
Bridgewood Square Co-Op primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Beaufort County, NC?+
For a 4-person household in Beaufort County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,100, Low Income (80% AMI): $48,150. These limits are set by HUD and updated annually.
What is the price range for apartments in Belhaven, NC?+
Based on Fair Market Rent for Beaufort County, the estimated price range is: 2-bedroom: $856, 3-bedroom: $1166. Actual rent at Bridgewood Square Co-Op may be lower for income-eligible households.
How do I apply for housing at Bridgewood Square Co-Op?+
Bridgewood Square Co-Op 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.
Contact Information
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