
About This Property
Southview Villas is a 64-unit low-income housing community in Hope Mills, NC, offering affordable housing to families since 2008. The property includes 50 two-bedroom units and 14 three-bedroom units, financed through 9% Low-Income Housing Tax Credits. Residents have access to community amenities and professional management services.
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 Southview Villas is typically 30% of household income or less.
What size apartments are available at Southview Villas?+
Southview Villas offers the following unit types: 50 Two-Bedroom, 14 Three-Bedroom units, for a total of 64 units.
Who manages Southview Villas?+
Southview Villas is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Southview Villas?+
Southview Villas 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 Southview Villas?+
Southview Villas 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 Southview Villas may be lower for income-eligible households.
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
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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