About This Property
Fox Ridge is a 32-unit affordable housing community in Sharpsburg, NC that consists of 10 one-bedroom and 22 two-bedroom units. The property was placed in service in 1987 and utilizes 9% Low Income Housing Tax Credits to serve low-income residents. The community is managed by [managing entity] and inquiries can be directed to [contact information].
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.
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.
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.
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 Fox Ridge?+
Fox Ridge is managed by . You can reach them at . Visit their website for more information.