About This Property
Colony Place contains 100 low-income residential units in Fayetteville, North Carolina, comprising sixty 2-bedroom and forty 3-bedroom apartments. The property was placed in service in 2012 and utilizes 9% Low-Income Housing Tax Credits to serve eligible families. Management and leasing information are available upon request.
Waitlist Information
Waitlist managed by Fayetteville Metropolitan Housing Authority
Applications will be accepted on the third Wednesday of each month from 9:00 AM to 5:00 PM via the online applicant portal.
The HCV/Section 8 waiting list closed on January 5, 2026. Eligibility is based on HUD guidelines, total gross annual income, and family composition; housing is for US citizens and certain non-citizens.
Waitlist data provided by section8waitlist.org
Updated May 28, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Cumberland 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 | $1,120 |
| 1 Bedroom | $1,120 |
| 2 Bedroom | $1,292 |
| 3 Bedroom | $1,759 |
| 4 Bedroom | $2,193 |
Income Limits - Cumberland County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,900
- Low (80%)
- $33,400
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,850
- Low (80%)
- $38,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,850
- Low (80%)
- $42,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,800
- Low (80%)
- $47,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,200
- Low (80%)
- $51,550
- Extremely Low (30%)
- $34,600
- Very Low (50%)
- $34,600
- Low (80%)
- $55,350
- Extremely Low (30%)
- $37,000
- Very Low (50%)
- $37,000
- Low (80%)
- $59,150
- Extremely Low (30%)
- $39,350
- Very Low (50%)
- $39,350
- Low (80%)
- $63,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,900 | $33,400 |
| 2 Persons | $17,420 | $23,850 | $38,200 |
| 3 Persons | $21,960 | $26,850 | $42,950 |
| 4 Persons | $26,500 | $29,800 | $47,700 |
| 5 Persons | $31,040 | $32,200 | $51,550 |
| 6 Persons | $34,600 | $34,600 | $55,350 |
| 7 Persons | $37,000 | $37,000 | $59,150 |
| 8 Persons | $39,350 | $39,350 | $63,000 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Fayetteville, NC?+
The Fair Market Rent (FMR) for Cumberland County, NC is: $1120 (Studio), $1120 (1BR), $1292 (2BR), $1759 (3BR), $2193 (4BR). Actual rent at subsidized properties like Colony Place is typically 30% of household income or less.
What size apartments are available at Colony Place?+
Colony Place offers the following unit types: 60 Two-Bedroom, 40 Three-Bedroom units, for a total of 100 units.
What are the income limits for affordable housing in Cumberland County, NC?+
For a 4-person household in Cumberland County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,800, Low Income (80% AMI): $47,700. These limits are set by HUD and updated annually.
What is the price range for apartments in Fayetteville, NC?+
Based on Fair Market Rent for Cumberland County, the estimated price range is: 2-bedroom: $1292, 3-bedroom: $1759. Actual rent at Colony Place may be lower for income-eligible households.
Who is eligible to live at Colony Place?+
Colony Place primarily serves families. 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 Colony Place?+
Colony Place 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 is the HUD inspection score for Colony Place?+
Colony Place has a HUD inspection score of 88 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
Is there a waitlist for Colony Place?+
Public Housing waitlist is currently Opening Soon and is expected to open for applications soon. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Colony Place?+
Colony Place is managed by . You can reach them at . Visit their website for more information.
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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