About This Property
High Ridge comprises 42 low-income residential units in Sylva, NC, placed in service in 2016 and financed through 9% Low-Income Housing Tax Credits. The property serves families with a unit mix of twelve 1-bedroom, twenty 2-bedroom, and ten 3-bedroom apartments. High Ridge is managed for households meeting income eligibility requirements.
Property Details
Fair Market Rent - Jackson 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 | $776 |
| 1 Bedroom | $797 |
| 2 Bedroom | $895 |
| 3 Bedroom | $1,187 |
| 4 Bedroom | $1,192 |
Income Limits - Jackson County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,950
- Very Low (50%)
- $21,550
- Low (80%)
- $34,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,600
- Low (80%)
- $39,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,700
- Low (80%)
- $44,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,750
- Low (80%)
- $49,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,250
- Low (80%)
- $53,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $35,700
- Low (80%)
- $57,100
- Extremely Low (30%)
- $38,150
- Very Low (50%)
- $38,150
- Low (80%)
- $61,050
- Extremely Low (30%)
- $40,600
- Very Low (50%)
- $40,600
- Low (80%)
- $64,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,950 | $21,550 | $34,450 |
| 2 Persons | $17,420 | $24,600 | $39,400 |
| 3 Persons | $21,960 | $27,700 | $44,300 |
| 4 Persons | $26,500 | $30,750 | $49,200 |
| 5 Persons | $31,040 | $33,250 | $53,150 |
| 6 Persons | $35,580 | $35,700 | $57,100 |
| 7 Persons | $38,150 | $38,150 | $61,050 |
| 8 Persons | $40,600 | $40,600 | $64,950 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sylva, NC?+
The Fair Market Rent (FMR) for Jackson County, NC is: $776 (Studio), $797 (1BR), $895 (2BR), $1187 (3BR), $1192 (4BR). Actual rent at subsidized properties like High Ridge is typically 30% of household income or less.
What size apartments are available at High Ridge?+
High Ridge offers the following unit types: 12 One-Bedroom, 20 Two-Bedroom, 10 Three-Bedroom units, for a total of 42 units.
Who manages High Ridge?+
High Ridge is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Sylva, NC?+
Based on Fair Market Rent for Jackson County, the estimated price range is: 1-bedroom: $797, 2-bedroom: $895, 3-bedroom: $1187. Actual rent at High Ridge may be lower for income-eligible households.
Who is eligible to live at High Ridge?+
High Ridge primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Jackson County, NC?+
For a 4-person household in Jackson County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,750, Low Income (80% AMI): $49,200. These limits are set by HUD and updated annually.
How do I apply for housing at High Ridge?+
High Ridge 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.