About This Property
Cardinal Pointe Phase II is a 60-unit affordable housing community in Shallotte, NC that has been in service since 2004. The property provides housing for families, disabled individuals, and formerly homeless residents through a mix of 16 one-bedroom, 30 two-bedroom, and 14 three-bedroom units. This low-income housing property is financed through 9% Low-Income Housing Tax Credits.
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 Phase Ii is typically 30% of household income or less.
What size apartments are available at Cardinal Pointe Phase Ii?+
Cardinal Pointe Phase Ii offers the following unit types: 16 One-Bedroom, 30 Two-Bedroom, 14 Three-Bedroom units, for a total of 60 units.
Who is eligible to live at Cardinal Pointe Phase Ii?+
Cardinal Pointe Phase Ii primarily serves families, persons with disabilities, formerly homeless individuals. 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 Phase Ii?+
Cardinal Pointe Phase Ii 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 Phase Ii?+
Cardinal Pointe Phase Ii is managed by . You can reach them at .
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.
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 Phase Ii may be lower for income-eligible households.
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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