About This Property
Palmer Green Apts is a 40-unit affordable housing community in Raeford, NC that has served low-income households since 2004. The property includes two 1-bedroom units, thirty 2-bedroom units, and eight 3-bedroom units designed to accommodate families, disabled individuals, and formerly homeless residents. Palmer Green Apts operates with 9% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Hoke 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 | $793 |
| 1 Bedroom | $798 |
| 2 Bedroom | $1,049 |
| 3 Bedroom | $1,478 |
| 4 Bedroom | $1,780 |
Income Limits - Hoke 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 Raeford, NC?+
The Fair Market Rent (FMR) for Hoke County, NC is: $793 (Studio), $798 (1BR), $1049 (2BR), $1478 (3BR), $1780 (4BR). Actual rent at subsidized properties like Palmer Green Apts is typically 30% of household income or less.
What size apartments are available at Palmer Green Apts?+
Palmer Green Apts offers the following unit types: 2 One-Bedroom, 30 Two-Bedroom, 8 Three-Bedroom units, for a total of 40 units.
Who manages Palmer Green Apts?+
Palmer Green Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Palmer Green Apts?+
Palmer Green Apts primarily serves families, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Raeford, NC?+
Based on Fair Market Rent for Hoke County, the estimated price range is: 1-bedroom: $798, 2-bedroom: $1049, 3-bedroom: $1478. Actual rent at Palmer Green Apts may be lower for income-eligible households.
How do I apply for housing at Palmer Green Apts?+
Palmer Green 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.
What are the income limits for affordable housing in Hoke County, NC?+
For a 4-person household in Hoke 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.
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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