About This Property
Walnut Grove Apts comprises 40 low-income units in Pittsboro, NC, serving elderly residents since 1990. The property includes 35 one-bedroom and 5 two-bedroom units and operates under 9% Low-Income Housing Tax Credit financing. This Chatham County community is managed to provide affordable rental housing for qualifying households.
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 |
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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 Walnut Grove Apts is typically 30% of household income or less.
What size apartments are available at Walnut Grove Apts?+
Walnut Grove Apts offers the following unit types: 35 One-Bedroom, 5 Two-Bedroom units, for a total of 40 units.
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 Walnut Grove Apts?+
Walnut Grove 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.
Who manages Walnut Grove Apts?+
Walnut Grove Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Walnut Grove Apts?+
Walnut Grove Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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 Walnut Grove Apts may be lower for income-eligible households.
Contact Information
Walk Score
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Nearby Schools
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