About This Property
Woodland Olney School Apartments offers 30 low-income units in Woodland, NC, comprising 28 one-bedroom and two two-bedroom apartments. The property has served elderly residents since 1998 and receives funding through HOME and 9% Low-Income Housing Tax Credits. Units are managed to provide affordable housing options for qualifying low-income households.
Property Details
Fair Market Rent - Northampton 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 | $719 |
| 1 Bedroom | $724 |
| 2 Bedroom | $951 |
| 3 Bedroom | $1,150 |
| 4 Bedroom | $1,288 |
Income Limits - Northampton County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $12,880
- Very Low (50%)
- $20,500
- Low (80%)
- $32,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $26,350
- Low (80%)
- $42,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $29,250
- Low (80%)
- $46,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $31,600
- Low (80%)
- $50,550
- Extremely Low (30%)
- $33,950
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $36,300
- Very Low (50%)
- $36,300
- Low (80%)
- $58,050
- Extremely Low (30%)
- $38,650
- Very Low (50%)
- $38,650
- Low (80%)
- $61,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $12,880 | $20,500 | $32,800 |
| 2 Persons | $17,420 | $23,400 | $37,450 |
| 3 Persons | $21,960 | $26,350 | $42,150 |
| 4 Persons | $26,500 | $29,250 | $46,800 |
| 5 Persons | $31,040 | $31,600 | $50,550 |
| 6 Persons | $33,950 | $33,950 | $54,300 |
| 7 Persons | $36,300 | $36,300 | $58,050 |
| 8 Persons | $38,650 | $38,650 | $61,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Woodland, NC?+
The Fair Market Rent (FMR) for Northampton County, NC is: $719 (Studio), $724 (1BR), $951 (2BR), $1150 (3BR), $1288 (4BR). Actual rent at subsidized properties like Woodland Olney School Apartments is typically 30% of household income or less.
What size apartments are available at Woodland Olney School Apartments?+
Woodland Olney School Apartments offers the following unit types: 28 One-Bedroom, 2 Two-Bedroom units, for a total of 30 units.
Who is eligible to live at Woodland Olney School Apartments?+
Woodland Olney School Apartments primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Woodland Olney School Apartments?+
Woodland Olney School Apartments is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Woodland Olney School Apartments?+
Woodland Olney School Apartments 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 is the price range for apartments in Woodland, NC?+
Based on Fair Market Rent for Northampton County, the estimated price range is: 1-bedroom: $724, 2-bedroom: $951. Actual rent at Woodland Olney School Apartments may be lower for income-eligible households.
What are the income limits for affordable housing in Northampton County, NC?+
For a 4-person household in Northampton County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,250, Low Income (80% AMI): $46,800. These limits are set by HUD and updated annually.
Contact Information
Walk Score
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