About This Property
University Manor I is a 38-unit affordable housing community in Buies Creek, NC that serves elderly residents. The property includes 26 low-income units and offers a mix of 12 one-bedroom and 2 two-bedroom floor plans. Placed in service in 1987, the community utilizes 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Harnett 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 | $851 |
| 1 Bedroom | $857 |
| 2 Bedroom | $1,126 |
| 3 Bedroom | $1,587 |
| 4 Bedroom | $1,911 |
Income Limits - Harnett County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,250
- Very Low (50%)
- $22,050
- Low (80%)
- $35,300
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,200
- Low (80%)
- $40,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,350
- Low (80%)
- $45,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,500
- Low (80%)
- $50,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,050
- Low (80%)
- $54,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,550
- Low (80%)
- $58,500
- Extremely Low (30%)
- $39,100
- Very Low (50%)
- $39,100
- Low (80%)
- $62,500
- Extremely Low (30%)
- $41,600
- Very Low (50%)
- $41,600
- Low (80%)
- $66,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,250 | $22,050 | $35,300 |
| 2 Persons | $17,420 | $25,200 | $40,350 |
| 3 Persons | $21,960 | $28,350 | $45,400 |
| 4 Persons | $26,500 | $31,500 | $50,400 |
| 5 Persons | $31,040 | $34,050 | $54,450 |
| 6 Persons | $35,580 | $36,550 | $58,500 |
| 7 Persons | $39,100 | $39,100 | $62,500 |
| 8 Persons | $41,600 | $41,600 | $66,550 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Buies Creek, NC?+
The Fair Market Rent (FMR) for Harnett County, NC is: $851 (Studio), $857 (1BR), $1126 (2BR), $1587 (3BR), $1911 (4BR). Actual rent at subsidized properties like University Manor I is typically 30% of household income or less.
What size apartments are available at University Manor I?+
University Manor I offers the following unit types: 12 One-Bedroom, 2 Two-Bedroom units, for a total of 38 units.
What is the price range for apartments in Buies Creek, NC?+
Based on Fair Market Rent for Harnett County, the estimated price range is: 1-bedroom: $857, 2-bedroom: $1126. Actual rent at University Manor I may be lower for income-eligible households.
How do I apply for housing at University Manor I?+
University Manor I 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 Harnett County, NC?+
For a 4-person household in Harnett County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,500, Low Income (80% AMI): $50,400. These limits are set by HUD and updated annually.
Who is eligible to live at University Manor I?+
University Manor I primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages University Manor I?+
University Manor I is managed by . You can reach them at . Visit their website for more information.
Contact Information
Location
Harnett County, NC
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