About This Property
Fox Ridge is a 32-unit affordable housing community in Sharpsburg, NC, comprising ten 1-bedroom and twenty-two 2-bedroom units designated for low-income residents. The property has been in service since 1987 and operates under 9% Low-Income Housing Tax Credit financing. Management and leasing information are available upon inquiry.
Property Details
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sharpsburg, 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 Fox Ridge is typically 30% of household income or less.
What size apartments are available at Fox Ridge?+
Fox Ridge offers the following unit types: 10 One-Bedroom, 22 Two-Bedroom units, for a total of 32 units.
How do I apply for housing at Fox Ridge?+
Fox Ridge 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 Fox Ridge?+
Fox Ridge is managed by . You can reach them at . Visit their website for more information.
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.
What is the price range for apartments in Sharpsburg, NC?+
Based on Fair Market Rent for Nash County, the estimated price range is: 1-bedroom: $830, 2-bedroom: $1035. Actual rent at Fox Ridge may be lower for income-eligible households.