About This Property
Scotland Arms Apts comprises 20 low-income rental units in Scotland Neck, NC, serving elderly residents. The property includes eighteen 1-bedroom and two 2-bedroom apartments and has been in service since 1992. This community is funded through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Halifax 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 | $600 |
| 1 Bedroom | $687 |
| 2 Bedroom | $885 |
| 3 Bedroom | $1,070 |
| 4 Bedroom | $1,327 |
Income Limits - Halifax 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 Scotland Neck, NC?+
The Fair Market Rent (FMR) for Halifax County, NC is: $600 (Studio), $687 (1BR), $885 (2BR), $1070 (3BR), $1327 (4BR). Actual rent at subsidized properties like Scotland Arms Apts is typically 30% of household income or less.
What size apartments are available at Scotland Arms Apts?+
Scotland Arms Apts offers the following unit types: 18 One-Bedroom, 2 Two-Bedroom units, for a total of 20 units.
What are the income limits for affordable housing in Halifax County, NC?+
For a 4-person household in Halifax 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.
What is the price range for apartments in Scotland Neck, NC?+
Based on Fair Market Rent for Halifax County, the estimated price range is: 1-bedroom: $687, 2-bedroom: $885. Actual rent at Scotland Arms Apts may be lower for income-eligible households.
How do I apply for housing at Scotland Arms Apts?+
Scotland Arms 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.
Who is eligible to live at Scotland Arms Apts?+
Scotland Arms Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Scotland Arms Apts?+
Scotland Arms Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
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