Low Income (LIHTC)Waitlist Closed

Key Realty Property

323 Lakewood Ave, Charlotte, NC, 28208

Information verified June 19, 2026·We re-check waiting list status daily

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About This Property

Key Realty Property offers 2 low-income residential units in Charlotte, NC. The property was placed in service in 1988 and is located in Mecklenburg County.

Waitlist Information

Waitlist managed by Inlivian

Public Housing Waitlist

Closed

Apply: Multiple

Inlivian utilizes a site-based waitlist system; applicants must complete a separate application for each community. General eligibility for mixed-income housing includes proof of full-time employment, background checks, income verification, and eligible immigration status.

Last verified April 20, 2026

Section 8 (HCV) Waitlist

Closed

Vouchers are limited to extremely low to low-income families. Eligibility is determined by annual gross income, criminal background check, eligible immigration status, and previous behavior in other assisted housing. A mandatory work requirement of 20 hours per week is in effect for non-elderly/non-disabled households.

Last verified April 18, 2026

Waitlist data provided by section8waitlist.org

Updated June 19, 2026

Property Details

Fair Market Rent - Mecklenburg 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	$1,347
1 Bedroom	$1,384
2 Bedroom	$1,554
3 Bedroom	$1,936
4 Bedroom	$2,481

Income Limits - Mecklenburg County, NC

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $17,700
Very Low (50%): $29,500
Low (80%): $47,150

2 Persons

Extremely Low (30%): $20,200
Very Low (50%): $33,700
Low (80%): $53,900

3 Persons

Extremely Low (30%): $22,750
Very Low (50%): $37,900
Low (80%): $60,650

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $42,100
Low (80%): $67,350

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $45,500
Low (80%): $72,750

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $48,850
Low (80%): $78,150

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $52,250
Low (80%): $83,550

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $55,600
Low (80%): $88,950

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$17,700	$29,500	$47,150
2 Persons	$20,200	$33,700	$53,900
3 Persons	$22,750	$37,900	$60,650
4 Persons	$26,500	$42,100	$67,350
5 Persons	$31,040	$45,500	$72,750
6 Persons	$35,580	$48,850	$78,150
7 Persons	$40,120	$52,250	$83,550
8 Persons	$44,660	$55,600	$88,950

Tax Credit Program Details

Year Placed in Service

1988

Frequently Asked Questions

What is the average rent for affordable housing in Charlotte, NC?+

The Fair Market Rent (FMR) for Mecklenburg County, NC is: $1347 (Studio), $1384 (1BR), $1554 (2BR), $1936 (3BR), $2481 (4BR). Actual rent at subsidized properties like Key Realty Property is typically 30% of household income or less.

What are the income limits for affordable housing in Mecklenburg County, NC?+

For a 4-person household in Mecklenburg County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,100, Low Income (80% AMI): $67,350. These limits are set by HUD and updated annually.

How do I apply for housing at Key Realty Property?+

Key Realty Property 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.

Is there a waitlist for Key Realty Property?+

Public Housing waitlist is currently Closed. 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 Key Realty Property?+

Key Realty Property is managed by . You can reach them at . Visit their website for more information.

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