About This Property
Shallotte Villas offers 40 low-income units in Shallotte, North Carolina, with a unit mix of 27 one-bedroom and 13 two-bedroom apartments. The property has served elderly residents since it was placed in service in 2004 and utilizes 9% Low-Income Housing Tax Credits. This development provides affordable housing options for qualified low-income households in Brunswick County.
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 Shallotte Villas is typically 30% of household income or less.
What size apartments are available at Shallotte Villas?+
Shallotte Villas offers the following unit types: 27 One-Bedroom, 13 Two-Bedroom units, for a total of 40 units.
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. Actual rent at Shallotte Villas may be lower for income-eligible households.
Who manages Shallotte Villas?+
Shallotte Villas is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Shallotte Villas?+
Shallotte Villas primarily serves elderly residents. 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 Shallotte Villas?+
Shallotte Villas 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.
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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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