About This Property
Pittsboro Village Apts Phase II contains 40 low-income residential units in Pittsboro, NC, consisting of 16 one-bedroom and 24 two-bedroom apartments. The property has been in service since 1987 and is supported through 9% Low-Income Housing Tax Credits. The community serves households meeting income eligibility requirements.
Property Details
Fair Market Rent - Chatham 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 | $1,385 |
| 1 Bedroom | $1,418 |
| 2 Bedroom | $1,631 |
| 3 Bedroom | $2,051 |
| 4 Bedroom | $2,510 |
Income Limits - Chatham County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,150
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $20,750
- Very Low (50%)
- $34,600
- Low (80%)
- $55,300
- Extremely Low (30%)
- $23,350
- Very Low (50%)
- $38,900
- Low (80%)
- $62,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,200
- Low (80%)
- $69,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,700
- Low (80%)
- $74,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,150
- Low (80%)
- $80,200
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $53,600
- Low (80%)
- $85,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,050
- Low (80%)
- $91,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,150 | $30,250 | $48,400 |
| 2 Persons | $20,750 | $34,600 | $55,300 |
| 3 Persons | $23,350 | $38,900 | $62,200 |
| 4 Persons | $26,500 | $43,200 | $69,100 |
| 5 Persons | $31,040 | $46,700 | $74,650 |
| 6 Persons | $35,580 | $50,150 | $80,200 |
| 7 Persons | $40,120 | $53,600 | $85,700 |
| 8 Persons | $44,660 | $57,050 | $91,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Pittsboro, NC?+
The Fair Market Rent (FMR) for Chatham County, NC is: $1385 (Studio), $1418 (1BR), $1631 (2BR), $2051 (3BR), $2510 (4BR). Actual rent at subsidized properties like Pittsboro Village Apts Phase Ii is typically 30% of household income or less.
What size apartments are available at Pittsboro Village Apts Phase Ii?+
Pittsboro Village Apts Phase Ii offers the following unit types: 16 One-Bedroom, 24 Two-Bedroom units, for a total of 40 units.
What is the price range for apartments in Pittsboro, NC?+
Based on Fair Market Rent for Chatham County, the estimated price range is: 1-bedroom: $1418, 2-bedroom: $1631. Actual rent at Pittsboro Village Apts Phase Ii may be lower for income-eligible households.
Who manages Pittsboro Village Apts Phase Ii?+
Pittsboro Village Apts Phase Ii is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Chatham County, NC?+
For a 4-person household in Chatham County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,200, Low Income (80% AMI): $69,100. These limits are set by HUD and updated annually.
How do I apply for housing at Pittsboro Village Apts Phase Ii?+
Pittsboro Village Apts Phase Ii 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.
Contact Information
Location
Chatham County, NC
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