About This Property
Pinewood Plaza Apts consists of 40 one-bedroom units in Granite Falls, NC, with 36 units designated as low-income housing. The property has been in service since 1989 and utilizes 9% Low-Income Housing Tax Credits. This community serves elderly residents.
Property Details
Fair Market Rent - Caldwell 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 | $806 |
| 1 Bedroom | $834 |
| 2 Bedroom | $1,014 |
| 3 Bedroom | $1,314 |
| 4 Bedroom | $1,506 |
Income Limits - Caldwell County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,150
- Low (80%)
- $33,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,150
- Low (80%)
- $38,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,150
- Low (80%)
- $43,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,150
- Low (80%)
- $48,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,600
- Low (80%)
- $52,150
- Extremely Low (30%)
- $35,000
- Very Low (50%)
- $35,000
- Low (80%)
- $56,000
- Extremely Low (30%)
- $37,400
- Very Low (50%)
- $37,400
- Low (80%)
- $59,850
- Extremely Low (30%)
- $39,800
- Very Low (50%)
- $39,800
- Low (80%)
- $63,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,150 | $33,800 |
| 2 Persons | $17,420 | $24,150 | $38,600 |
| 3 Persons | $21,960 | $27,150 | $43,450 |
| 4 Persons | $26,500 | $30,150 | $48,250 |
| 5 Persons | $31,040 | $32,600 | $52,150 |
| 6 Persons | $35,000 | $35,000 | $56,000 |
| 7 Persons | $37,400 | $37,400 | $59,850 |
| 8 Persons | $39,800 | $39,800 | $63,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Granite Falls, NC?+
The Fair Market Rent (FMR) for Caldwell County, NC is: $806 (Studio), $834 (1BR), $1014 (2BR), $1314 (3BR), $1506 (4BR). Actual rent at subsidized properties like Pinewood Plaza Apts is typically 30% of household income or less.
What size apartments are available at Pinewood Plaza Apts?+
Pinewood Plaza Apts offers the following unit types: 40 One-Bedroom units, for a total of 40 units.
What is the price range for apartments in Granite Falls, NC?+
Based on Fair Market Rent for Caldwell County, the estimated price range is: 1-bedroom: $834. Actual rent at Pinewood Plaza Apts may be lower for income-eligible households.
How do I apply for housing at Pinewood Plaza Apts?+
Pinewood Plaza Apts 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 Caldwell County, NC?+
For a 4-person household in Caldwell County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,150, Low Income (80% AMI): $48,250. These limits are set by HUD and updated annually.
Who is eligible to live at Pinewood Plaza Apts?+
Pinewood Plaza Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Pinewood Plaza Apts?+
Pinewood Plaza Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Location
Caldwell County, NC
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