About This Property
Twin Oaks Apts offers 28 low-income units in Raeford, NC, with a unit mix of twenty-four 1-bedroom and four 2-bedroom apartments. The property has been in service since 1990 and currently serves elderly residents. The community holds 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 Twin Oaks Apts is typically 30% of household income or less.
What size apartments are available at Twin Oaks Apts?+
Twin Oaks Apts offers the following unit types: 24 One-Bedroom, 4 Two-Bedroom units, for a total of 28 units.
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. Actual rent at Twin Oaks Apts may be lower for income-eligible households.
How do I apply for housing at Twin Oaks Apts?+
Twin Oaks 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.
Who is eligible to live at Twin Oaks Apts?+
Twin Oaks 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 Twin Oaks Apts?+
Twin Oaks Apts is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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