
About This Property
Clay St Apts is a 2-unit affordable housing property in Statesville, NC that has served low-income residents since 1989. The property is financed through 9% Low-Income Housing Tax Credits and is managed locally within Iredell County.
Waitlist Information
Waitlist managed by Statesville Housing Authority
Eligibility is based on annual gross income, qualifying as elderly, disabled, or a family, and U.S. citizenship or eligible immigration status; it is a 'No Smoking' community inside units. SHA is converting to an agency-wide waitlist.
This program assists very low-income families, the elderly, and the disabled in Iredell County to afford private market housing. New voucher-holders not living in the PHA jurisdiction must initially lease a unit within that jurisdiction for the first twelve months of assistance. There is no notice when this waiting list will reopen.
Waitlist data provided by section8waitlist.org
Updated September 28, 2026
Property Details
Fair Market Rent - Iredell 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 | $1,046 |
| 1 Bedroom | $1,075 |
| 2 Bedroom | $1,207 |
| 3 Bedroom | $1,652 |
| 4 Bedroom | $2,048 |
Income Limits - Iredell County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,650
- Very Low (50%)
- $24,400
- Low (80%)
- $39,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,900
- Low (80%)
- $44,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,400
- Low (80%)
- $50,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,650
- Low (80%)
- $60,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,450
- Low (80%)
- $64,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,250
- Low (80%)
- $69,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,050
- Low (80%)
- $73,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,650 | $24,400 | $39,050 |
| 2 Persons | $17,420 | $27,900 | $44,600 |
| 3 Persons | $21,960 | $31,400 | $50,200 |
| 4 Persons | $26,500 | $34,850 | $55,750 |
| 5 Persons | $31,040 | $37,650 | $60,250 |
| 6 Persons | $35,580 | $40,450 | $64,700 |
| 7 Persons | $40,120 | $43,250 | $69,150 |
| 8 Persons | $44,660 | $46,050 | $73,600 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Statesville, NC?+
The Fair Market Rent (FMR) for Iredell County, NC is: $1046 (Studio), $1075 (1BR), $1207 (2BR), $1652 (3BR), $2048 (4BR). Actual rent at subsidized properties like Clay St Apts is typically 30% of household income or less.
What are the income limits for affordable housing in Iredell County, NC?+
For a 4-person household in Iredell County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,850, Low Income (80% AMI): $55,750. These limits are set by HUD and updated annually.
Is there a waitlist for Clay St Apts?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Clay St Apts?+
Clay St Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Clay St Apts?+
Clay St 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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