Low Income (LIHTC)Waitlist Open

Key Realty Property

323 Lakewood Ave, Charlotte, NC, 28208

Information verified July 9, 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

Open

Opened January 12, 2026

Apply: Online

Waitlists opened on January 12, 2026, for specific affordable housing communities, including senior sites, with application via an online portal. Eligibility considers income, family size, U.S. citizenship or eligible non-citizen status, and criminal background checks for those 16 and older.

Last verified June 29, 2026

Section 8 (HCV) Waitlist

Closed

Apply: Online or Mail for updates

The tenant-based Housing Choice Voucher (Section 8) waiting list is currently closed to new applicants with over 6,000 households on the list. Eligibility is based on annual gross income, criminal background, eligible immigration status, and previous behavior in assisted housing; a mandatory 20-hour per week work requirement applies to non-elderly/non-disabled households. Existing applicants can update their information via the Applicant Portal or by mail to P.O. Box 36795, Charlotte, NC 28236.

Last verified April 18, 2026

Waitlist data provided by section8waitlist.org

Updated July 9, 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.

Who manages Key Realty Property?+

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

Is there a waitlist for Key Realty Property?+

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.

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.

Begin Application Now