About This Property
Jackson Terrace II comprises 22 low-income rental units in Carthage, NC, serving elderly residents with a mix of 18 one-bedroom and 4 two-bedroom apartments. The property has been in service since 2000 and receives funding through the HOME program and 9% Low-Income Housing Tax Credits. Prospective residents can inquire about availability and lease terms by contacting the property management.
Property Details
Fair Market Rent - Moore 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 | $863 |
| 1 Bedroom | $886 |
| 2 Bedroom | $995 |
| 3 Bedroom | $1,402 |
| 4 Bedroom | $1,689 |
Income Limits - Moore County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,100
- Very Low (50%)
- $26,800
- Low (80%)
- $42,850
- Extremely Low (30%)
- $18,400
- Very Low (50%)
- $30,600
- Low (80%)
- $49,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,450
- Low (80%)
- $55,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,250
- Low (80%)
- $61,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,350
- Low (80%)
- $66,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,400
- Low (80%)
- $71,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,450
- Low (80%)
- $75,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,500
- Low (80%)
- $80,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,100 | $26,800 | $42,850 |
| 2 Persons | $18,400 | $30,600 | $49,000 |
| 3 Persons | $21,960 | $34,450 | $55,100 |
| 4 Persons | $26,500 | $38,250 | $61,200 |
| 5 Persons | $31,040 | $41,350 | $66,100 |
| 6 Persons | $35,580 | $44,400 | $71,000 |
| 7 Persons | $40,120 | $47,450 | $75,900 |
| 8 Persons | $44,660 | $50,500 | $80,800 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Carthage, NC?+
The Fair Market Rent (FMR) for Moore County, NC is: $863 (Studio), $886 (1BR), $995 (2BR), $1402 (3BR), $1689 (4BR). Actual rent at subsidized properties like Jackson Terrace Ii is typically 30% of household income or less.
What size apartments are available at Jackson Terrace Ii?+
Jackson Terrace Ii offers the following unit types: 18 One-Bedroom, 4 Two-Bedroom units, for a total of 22 units.
Who manages Jackson Terrace Ii?+
Jackson Terrace Ii is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Moore County, NC?+
For a 4-person household in Moore County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,250, Low Income (80% AMI): $61,200. These limits are set by HUD and updated annually.
What is the price range for apartments in Carthage, NC?+
Based on Fair Market Rent for Moore County, the estimated price range is: 1-bedroom: $886, 2-bedroom: $995. Actual rent at Jackson Terrace Ii may be lower for income-eligible households.
Who is eligible to live at Jackson Terrace Ii?+
Jackson Terrace Ii primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Jackson Terrace Ii?+
Jackson Terrace Ii 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.