About This Property
Richardson Court offers 50 low-income rental units in Nashville, NC, serving families across a range of unit sizes including five 1-bedroom, eighteen 2-bedroom, seventeen 3-bedroom, and ten 4-bedroom apartments. The property has been in service since 2010 and utilizes 4% Low-Income Housing Tax Credits to support affordability. Richardson Court is managed as a family housing community in Nash County.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Nash 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 | $825 |
| 1 Bedroom | $830 |
| 2 Bedroom | $1,035 |
| 3 Bedroom | $1,395 |
| 4 Bedroom | $1,579 |
Income Limits - Nash 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 Nashville, NC?+
The Fair Market Rent (FMR) for Nash County, NC is: $825 (Studio), $830 (1BR), $1035 (2BR), $1395 (3BR), $1579 (4BR). Actual rent at subsidized properties like Richardson Court is typically 30% of household income or less.
What size apartments are available at Richardson Court?+
Richardson Court offers the following unit types: 5 One-Bedroom, 18 Two-Bedroom, 17 Three-Bedroom, 10 Four-Bedroom units, for a total of 50 units.
Who is eligible to live at Richardson Court?+
Richardson Court primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Nash County, NC?+
For a 4-person household in Nash 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.
Who manages Richardson Court?+
Richardson Court is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Nashville, NC?+
Based on Fair Market Rent for Nash County, the estimated price range is: 1-bedroom: $830, 2-bedroom: $1035, 3-bedroom: $1395. Actual rent at Richardson Court may be lower for income-eligible households.
What is the HUD inspection score for Richardson Court?+
Richardson Court has a HUD inspection score of 98 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
How do I apply for housing at Richardson Court?+
Richardson Court 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
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Richardson Court
Carriage Court Ii Apts
Rocky Mount, NC
32 UnitsBrookway Village
Nashville, NC
36 UnitsPine Grove
Sharpsburg, NC
40 UnitsOakhill Apts
Spring Hope, NC
25 UnitsRidgeway Apts
Spring Hope, NC
32 UnitsCarriage Court Apts
Rocky Mount, NC
48 Units