About This Property
Swanzy Ridge Apartments comprises 40 low-income residential units in Elizabethtown, NC, serving families with a mix of one-, two-, and three-bedroom floor plans. The community includes sixteen 1-bedroom, sixteen 2-bedroom, and eight 3-bedroom units and has been in service since 2011. The property receives 9% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Bladen 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 | $687 |
| 1 Bedroom | $691 |
| 2 Bedroom | $856 |
| 3 Bedroom | $1,137 |
| 4 Bedroom | $1,313 |
Income Limits - Bladen 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 Elizabethtown, NC?+
The Fair Market Rent (FMR) for Bladen County, NC is: $687 (Studio), $691 (1BR), $856 (2BR), $1137 (3BR), $1313 (4BR). Actual rent at subsidized properties like Swanzy Ridge Apartments is typically 30% of household income or less.
What size apartments are available at Swanzy Ridge Apartments?+
Swanzy Ridge Apartments offers the following unit types: 16 One-Bedroom, 16 Two-Bedroom, 8 Three-Bedroom units, for a total of 40 units.
Who is eligible to live at Swanzy Ridge Apartments?+
Swanzy Ridge Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Elizabethtown, NC?+
Based on Fair Market Rent for Bladen County, the estimated price range is: 1-bedroom: $691, 2-bedroom: $856, 3-bedroom: $1137. Actual rent at Swanzy Ridge Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Bladen County, NC?+
For a 4-person household in Bladen 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.
Who manages Swanzy Ridge Apartments?+
Swanzy Ridge Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Swanzy Ridge Apartments?+
Swanzy Ridge Apartments 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
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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