About This Property
Pine Chase contains 32 low-income rental units in Hope Mills, North Carolina, serving families, individuals with disabilities, and formerly homeless residents. The community, which opened in 2006, includes 22 two-bedroom and 10 three-bedroom units and receives 9% Low-Income Housing Tax Credit financing. Property management contact information is available upon request.
Property Details
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hope Mills, 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 Pine Chase is typically 30% of household income or less.
What size apartments are available at Pine Chase?+
Pine Chase offers the following unit types: 22 Two-Bedroom, 10 Three-Bedroom units, for a total of 32 units.
Who manages Pine Chase?+
Pine Chase is managed by . You can reach them at . Visit their website for more information.
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.
Who is eligible to live at Pine Chase?+
Pine Chase primarily serves families, persons with disabilities, formerly homeless individuals. 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 Pine Chase?+
Pine Chase 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 price range for apartments in Hope Mills, NC?+
Based on Fair Market Rent for Cumberland County, the estimated price range is: 2-bedroom: $1292, 3-bedroom: $1759. Actual rent at Pine Chase may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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