About This Property
Cardinal Pointe offers 60 low-income units in Shallotte, NC, with a mix of one-, two-, and three-bedroom floor plans serving families. The property has been in service since 2003 and is financed through 9% Low-Income Housing Tax Credits. The community includes 16 one-bedroom, 31 two-bedroom, and 13 three-bedroom units.
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 |
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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.
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.
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 .
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.
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.
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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