Low Income (LIHTC)Waitlist Closed

Residence

811 Grace St, Wilmington, NC, 28401

Information verified July 8, 2026·We re-check waiting list status daily

Example Photo

About This Property

Residence offers 1 low-income unit in Wilmington, NC and has been in service since 1987. The property is situated in New Hanover County and serves households with low incomes.

Waitlist Information

Waitlist managed by Housing Authority of the City of Wilmington

Public Housing Waitlist

Closed

Opened May 4, 2020

Closed May 5, 2020

Apply: Multiple

Eligible individuals and families must have earnings of 30% or below Wilmington's area median income, pass background and credit checks, and have no evictions within three years.

Last verified February 18, 2026

Section 8 (HCV) Waitlist

Closed

Apply: Mail or In-person

Families with earnings of 50% or below the Wilmington area's average median income are candidates. Heads of households must be 18 or older. Eligibility includes qualifying as a family, submitting evidence of citizenship or eligible status, passing a background check, no status as a registered sex offender, no current or pending criminal charges, successfully passing a credit check, and no evictions or problems with previous landlords within the last three years. Outstanding balances from previous tenancies must be paid in full.

Last verified February 6, 2026

Waitlist data provided by section8waitlist.org

Updated July 7, 2026

Property Details

Fair Market Rent - New Hanover 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	$1,027
1 Bedroom	$1,349
2 Bedroom	$1,515
3 Bedroom	$2,002
4 Bedroom	$2,561

Income Limits - New Hanover County, NC

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $16,000
Very Low (50%): $26,700
Low (80%): $42,700

2 Persons

Extremely Low (30%): $18,300
Very Low (50%): $30,500
Low (80%): $48,800

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $34,300
Low (80%): $54,900

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $38,100
Low (80%): $60,950

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $41,150
Low (80%): $65,850

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $44,200
Low (80%): $70,750

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $47,250
Low (80%): $75,600

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $50,300
Low (80%): $80,500

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$16,000	$26,700	$42,700
2 Persons	$18,300	$30,500	$48,800
3 Persons	$21,960	$34,300	$54,900
4 Persons	$26,500	$38,100	$60,950
5 Persons	$31,040	$41,150	$65,850
6 Persons	$35,580	$44,200	$70,750
7 Persons	$40,120	$47,250	$75,600
8 Persons	$44,660	$50,300	$80,500

Tax Credit Program Details

Year Placed in Service

1987

Frequently Asked Questions

What is the average rent for affordable housing in Wilmington, NC?+

The Fair Market Rent (FMR) for New Hanover County, NC is: $1027 (Studio), $1349 (1BR), $1515 (2BR), $2002 (3BR), $2561 (4BR). Actual rent at subsidized properties like Residence is typically 30% of household income or less.

What are the income limits for affordable housing in New Hanover County, NC?+

For a 4-person household in New Hanover County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,100, Low Income (80% AMI): $60,950. These limits are set by HUD and updated annually.

How do I apply for housing at Residence?+

Residence 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.

Is there a waitlist for Residence?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

Who manages Residence?+

Residence is managed by . You can reach them at . Visit their website for more information.

Begin Application Now