About This Property
Village Overlook Apartments offers 60 low-income units in Sylva, NC and began serving families in 2020. The property provides affordable housing options in Jackson County 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 Village Overlook Apartments is typically 30% of household income or less.
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.
Who manages Village Overlook Apartments?+
Village Overlook Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Village Overlook Apartments?+
Village Overlook Apartments 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.
Who is eligible to live at Village Overlook Apartments?+
Village Overlook Apartments primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.