About This Property
Pineridge Manor contains 60 low-income residential units in Hope Mills, North Carolina, consisting of 30 one-bedroom and 30 two-bedroom apartments. The property was placed in service in 2005 and utilizes 9% Low-Income Housing Tax Credits to serve elderly, disabled, and formerly homeless residents. This Cumberland County community remains available for income-qualified households.
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 Pineridge Manor is typically 30% of household income or less.
What size apartments are available at Pineridge Manor?+
Pineridge Manor offers the following unit types: 30 One-Bedroom, 30 Two-Bedroom units, for a total of 60 units.
What is the price range for apartments in Hope Mills, NC?+
Based on Fair Market Rent for Cumberland County, the estimated price range is: 1-bedroom: $1120, 2-bedroom: $1292. Actual rent at Pineridge Manor may be lower for income-eligible households.
Who manages Pineridge Manor?+
Pineridge Manor is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Pineridge Manor?+
Pineridge Manor primarily serves elderly residents, 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 Pineridge Manor?+
Pineridge Manor 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 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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