About This Property
Palmer Green II Apartments offers 48 low-income units in Raeford, NC, consisting of 36 two-bedroom and 12 three-bedroom apartments. The property has been in service since 2007 and serves families, disabled individuals, and homeless populations. Palmer Green II Apartments is financed through 9% Low-Income Housing Tax Credits.
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 Ii Apartments is typically 30% of household income or less.
What size apartments are available at Palmer Green Ii Apartments?+
Palmer Green Ii Apartments offers the following unit types: 36 Two-Bedroom, 12 Three-Bedroom units, for a total of 48 units.
Who manages Palmer Green Ii Apartments?+
Palmer Green Ii Apartments is managed by . You can reach them at .
Who is eligible to live at Palmer Green Ii Apartments?+
Palmer Green Ii Apartments 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.
How do I apply for housing at Palmer Green Ii Apartments?+
Palmer Green Ii Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Raeford, NC?+
Based on Fair Market Rent for Hoke County, the estimated price range is: 2-bedroom: $1049, 3-bedroom: $1478. Actual rent at Palmer Green Ii Apartments may be lower for income-eligible households.
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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