About This Property
The Pines At Lake Road offers 60 low-income units in Havelock, North Carolina, consisting of 30 two-bedroom and 30 three-bedroom apartments designed to serve families. The property, which has been in service since 1997, is financed through 9% Low-Income Housing Tax Credits. Management and leasing inquiries can be directed to the property office.
Property Details
Fair Market Rent - Craven 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 | $928 |
| 1 Bedroom | $935 |
| 2 Bedroom | $1,228 |
| 3 Bedroom | $1,660 |
| 4 Bedroom | $2,084 |
Income Limits - Craven County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,450
- Very Low (50%)
- $22,350
- Low (80%)
- $35,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,550
- Low (80%)
- $40,850
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,750
- Low (80%)
- $45,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,900
- Low (80%)
- $51,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,500
- Low (80%)
- $55,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,050
- Low (80%)
- $59,250
- Extremely Low (30%)
- $39,600
- Very Low (50%)
- $39,600
- Low (80%)
- $63,350
- Extremely Low (30%)
- $42,150
- Very Low (50%)
- $42,150
- Low (80%)
- $67,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,450 | $22,350 | $35,750 |
| 2 Persons | $17,420 | $25,550 | $40,850 |
| 3 Persons | $21,960 | $28,750 | $45,950 |
| 4 Persons | $26,500 | $31,900 | $51,050 |
| 5 Persons | $31,040 | $34,500 | $55,150 |
| 6 Persons | $35,580 | $37,050 | $59,250 |
| 7 Persons | $39,600 | $39,600 | $63,350 |
| 8 Persons | $42,150 | $42,150 | $67,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Havelock, NC?+
The Fair Market Rent (FMR) for Craven County, NC is: $928 (Studio), $935 (1BR), $1228 (2BR), $1660 (3BR), $2084 (4BR). Actual rent at subsidized properties like The Pines At Lake Road is typically 30% of household income or less.
What size apartments are available at The Pines At Lake Road?+
The Pines At Lake Road offers the following unit types: 30 Two-Bedroom, 30 Three-Bedroom units, for a total of 60 units.
Who manages The Pines At Lake Road?+
The Pines At Lake Road is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Craven County, NC?+
For a 4-person household in Craven County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,900, Low Income (80% AMI): $51,050. These limits are set by HUD and updated annually.
Who is eligible to live at The Pines At Lake Road?+
The Pines At Lake Road primarily serves families. 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 Havelock, NC?+
Based on Fair Market Rent for Craven County, the estimated price range is: 2-bedroom: $1228, 3-bedroom: $1660. Actual rent at The Pines At Lake Road may be lower for income-eligible households.
How do I apply for housing at The Pines At Lake Road?+
The Pines At Lake Road 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
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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