About This Property
Cardinal Pointe comprises 60 low-income units in Shallotte, NC, offering a mix of 16 one-bedroom, 31 two-bedroom, and 13 three-bedroom apartments. The property, placed in service in 2003, utilizes 9% Low-Income Housing Tax Credits and serves families in Brunswick County. Cardinal Pointe remains actively managed and provides affordable rental housing options in the area.
Property Details
Fair Market Rent - Brunswick 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 | $951 |
| 1 Bedroom | $1,008 |
| 2 Bedroom | $1,132 |
| 3 Bedroom | $1,595 |
| 4 Bedroom | $1,921 |
Income Limits - Brunswick County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,750
- Very Low (50%)
- $26,250
- Low (80%)
- $42,000
- Extremely Low (30%)
- $18,000
- Very Low (50%)
- $30,000
- Low (80%)
- $48,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,750
- Low (80%)
- $54,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,500
- Low (80%)
- $60,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,500
- Low (80%)
- $64,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,500
- Low (80%)
- $69,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,500
- Low (80%)
- $74,400
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,500
- Low (80%)
- $79,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,750 | $26,250 | $42,000 |
| 2 Persons | $18,000 | $30,000 | $48,000 |
| 3 Persons | $21,960 | $33,750 | $54,000 |
| 4 Persons | $26,500 | $37,500 | $60,000 |
| 5 Persons | $31,040 | $40,500 | $64,800 |
| 6 Persons | $35,580 | $43,500 | $69,600 |
| 7 Persons | $40,120 | $46,500 | $74,400 |
| 8 Persons | $44,660 | $49,500 | $79,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Shallotte, NC?+
The Fair Market Rent (FMR) for Brunswick County, NC is: $951 (Studio), $1008 (1BR), $1132 (2BR), $1595 (3BR), $1921 (4BR). Actual rent at subsidized properties like Cardinal Pointe is typically 30% of household income or less.
What size apartments are available at Cardinal Pointe?+
Cardinal Pointe offers the following unit types: 16 One-Bedroom, 31 Two-Bedroom, 13 Three-Bedroom units, for a total of 60 units.
What are the income limits for affordable housing in Brunswick County, NC?+
For a 4-person household in Brunswick County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,500, Low Income (80% AMI): $60,000. These limits are set by HUD and updated annually.
Who is eligible to live at Cardinal Pointe?+
Cardinal Pointe 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 Shallotte, NC?+
Based on Fair Market Rent for Brunswick County, the estimated price range is: 1-bedroom: $1008, 2-bedroom: $1132, 3-bedroom: $1595. Actual rent at Cardinal Pointe may be lower for income-eligible households.
How do I apply for housing at Cardinal Pointe?+
Cardinal Pointe 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 Cardinal Pointe?+
Cardinal Pointe is managed by . You can reach them at .
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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