About This Property
Spring Lake Green Apartments offers 48 units of affordable housing in Spring Lake, NC, serving families with a mix of 36 two-bedroom and 12 three-bedroom units. The property has been in service since 2010 and is financed through 9% Low-Income Housing Tax Credits.
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 Spring Lake, 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 Spring Lake Green Apartments is typically 30% of household income or less.
What size apartments are available at Spring Lake Green Apartments?+
Spring Lake Green Apartments offers the following unit types: 36 Two-Bedroom, 12 Three-Bedroom units, for a total of 48 units.
How do I apply for housing at Spring Lake Green Apartments?+
Spring Lake Green Apartments 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 Spring Lake, NC?+
Based on Fair Market Rent for Cumberland County, the estimated price range is: 2-bedroom: $1292, 3-bedroom: $1759. Actual rent at Spring Lake Green Apartments may be lower for income-eligible households.
Who manages Spring Lake Green Apartments?+
Spring Lake Green Apartments is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Spring Lake Green Apartments?+
Spring Lake Green Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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
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