About This Property
Timberwood Apts Phase I offers 24 two-bedroom units designated as low-income housing in Sanford, NC. The property was placed in service in 1990 and receives 9% Low-Income Housing Tax Credit financing. All units serve low-income residents in Lee County.
Waitlist Information
Waitlist managed by Sanford Housing Authority
Waitlist is open for Linden, Utley, Foushee, and Harris Court properties.
The Housing Choice Voucher Program Wait List is currently closed. Program participants are responsible for ensuring the housing authority receives necessary forms.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Lee 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 | $842 |
| 1 Bedroom | $871 |
| 2 Bedroom | $1,011 |
| 3 Bedroom | $1,242 |
| 4 Bedroom | $1,566 |
Income Limits - Lee County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $21,350
- Low (80%)
- $34,200
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,400
- Low (80%)
- $39,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,450
- Low (80%)
- $43,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $30,500
- Low (80%)
- $48,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $32,950
- Low (80%)
- $52,750
- Extremely Low (30%)
- $35,400
- Very Low (50%)
- $35,400
- Low (80%)
- $56,650
- Extremely Low (30%)
- $37,850
- Very Low (50%)
- $37,850
- Low (80%)
- $60,550
- Extremely Low (30%)
- $40,300
- Very Low (50%)
- $40,300
- Low (80%)
- $64,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $21,350 | $34,200 |
| 2 Persons | $17,420 | $24,400 | $39,050 |
| 3 Persons | $21,960 | $27,450 | $43,950 |
| 4 Persons | $26,500 | $30,500 | $48,800 |
| 5 Persons | $31,040 | $32,950 | $52,750 |
| 6 Persons | $35,400 | $35,400 | $56,650 |
| 7 Persons | $37,850 | $37,850 | $60,550 |
| 8 Persons | $40,300 | $40,300 | $64,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sanford, NC?+
The Fair Market Rent (FMR) for Lee County, NC is: $842 (Studio), $871 (1BR), $1011 (2BR), $1242 (3BR), $1566 (4BR). Actual rent at subsidized properties like Timberwood Apts Phase I is typically 30% of household income or less.
What size apartments are available at Timberwood Apts Phase I?+
Timberwood Apts Phase I offers the following unit types: 24 Two-Bedroom units, for a total of 24 units.
Who manages Timberwood Apts Phase I?+
Timberwood Apts Phase I is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Timberwood Apts Phase I?+
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.
What are the income limits for affordable housing in Lee County, NC?+
For a 4-person household in Lee County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $30,500, Low Income (80% AMI): $48,800. These limits are set by HUD and updated annually.
How do I apply for housing at Timberwood Apts Phase I?+
Timberwood Apts Phase I 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 is the price range for apartments in Sanford, NC?+
Based on Fair Market Rent for Lee County, the estimated price range is: 2-bedroom: $1011. Actual rent at Timberwood Apts Phase I may be lower for income-eligible households.