About This Property
Village Place Apts is a 40-unit affordable housing community in Warsaw, NC that has served elderly residents since 1992. The property includes 38 one-bedroom and 2 two-bedroom units designated for low-income households. Village Place Apts is financed through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Duplin 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 | $683 |
| 1 Bedroom | $687 |
| 2 Bedroom | $903 |
| 3 Bedroom | $1,092 |
| 4 Bedroom | $1,203 |
Income Limits - Duplin County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,500
- Low (80%)
- $32,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,350
- Low (80%)
- $42,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,250
- Low (80%)
- $46,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,600
- Low (80%)
- $50,550
- Extremely Low (30%)
- $33,950
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $36,300
- Very Low (50%)
- $36,300
- Low (80%)
- $58,050
- Extremely Low (30%)
- $38,650
- Very Low (50%)
- $38,650
- Low (80%)
- $61,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,500 | $32,800 |
| 2 Persons | $17,420 | $23,400 | $37,450 |
| 3 Persons | $21,960 | $26,350 | $42,150 |
| 4 Persons | $26,500 | $29,250 | $46,800 |
| 5 Persons | $31,040 | $31,600 | $50,550 |
| 6 Persons | $33,950 | $33,950 | $54,300 |
| 7 Persons | $36,300 | $36,300 | $58,050 |
| 8 Persons | $38,650 | $38,650 | $61,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Warsaw, NC?+
The Fair Market Rent (FMR) for Duplin County, NC is: $683 (Studio), $687 (1BR), $903 (2BR), $1092 (3BR), $1203 (4BR). Actual rent at subsidized properties like Village Place Apts is typically 30% of household income or less.
What size apartments are available at Village Place Apts?+
Village Place Apts offers the following unit types: 38 One-Bedroom, 2 Two-Bedroom units, for a total of 40 units.
What are the income limits for affordable housing in Duplin County, NC?+
For a 4-person household in Duplin County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,250, Low Income (80% AMI): $46,800. These limits are set by HUD and updated annually.
Who manages Village Place Apts?+
Village Place Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Warsaw, NC?+
Based on Fair Market Rent for Duplin County, the estimated price range is: 1-bedroom: $687, 2-bedroom: $903. Actual rent at Village Place Apts may be lower for income-eligible households.
Who is eligible to live at Village Place Apts?+
Village Place Apts primarily serves elderly residents. 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 Village Place Apts?+
Village Place Apts 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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