About This Property
Holly Ridge Apts comprises 16 low-income units in Vass, NC, offering a mix of one-, two-, and three-bedroom floor plans. The property was placed in service in 1990 and operates under 9% LIHTC financing. The unit distribution includes 5 one-bedroom units, 9 two-bedroom units, and 2 three-bedroom units.
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Vass, 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 Holly Ridge Apts is typically 30% of household income or less.
What size apartments are available at Holly Ridge Apts?+
Holly Ridge Apts offers the following unit types: 5 One-Bedroom, 9 Two-Bedroom, 2 Three-Bedroom units, for a total of 16 units.
How do I apply for housing at Holly Ridge Apts?+
Holly Ridge Apts 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 manages Holly Ridge Apts?+
Holly Ridge Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Vass, NC?+
Based on Fair Market Rent for Moore County, the estimated price range is: 1-bedroom: $886, 2-bedroom: $995, 3-bedroom: $1402. Actual rent at Holly Ridge Apts may be lower for income-eligible households.
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.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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