About This Property
Carolina Cove is a 100-unit multifamily property in Greenville, NC that serves low-income families through the Low-Income Housing Tax Credit program. The community offers a mix of one-, two-, three-, and four-bedroom units, with 40 two-bedroom and 30 three-bedroom apartments comprising the majority of the inventory. The property has been in service since 2010 and operates under 9% LIHTC financing.
Waitlist Information
Waitlist managed by Housing Authority of the City of Greenville
University Towers is for the elderly only. Applications are taken in a similar manner as other programs. The applicant is placed on a waiting list according to the date and time of application. The current waiting time is 24-30 months. Final eligibility is determined immediately prior to the assignment of an apartment. Occupants are either elderly, single, or married with no dependents.
Further details on the program and regulations will be explained at the time the applicant's name reaches the top of the waiting list.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Pitt 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 | $925 |
| 1 Bedroom | $931 |
| 2 Bedroom | $1,155 |
| 3 Bedroom | $1,570 |
| 4 Bedroom | $1,960 |
Income Limits - Pitt County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,300
- Very Low (50%)
- $22,200
- Low (80%)
- $35,500
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,400
- Low (80%)
- $40,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,550
- Low (80%)
- $45,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,700
- Low (80%)
- $50,700
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,250
- Low (80%)
- $54,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,800
- Low (80%)
- $58,850
- Extremely Low (30%)
- $39,350
- Very Low (50%)
- $39,350
- Low (80%)
- $62,900
- Extremely Low (30%)
- $41,850
- Very Low (50%)
- $41,850
- Low (80%)
- $66,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,300 | $22,200 | $35,500 |
| 2 Persons | $17,420 | $25,400 | $40,600 |
| 3 Persons | $21,960 | $28,550 | $45,650 |
| 4 Persons | $26,500 | $31,700 | $50,700 |
| 5 Persons | $31,040 | $34,250 | $54,800 |
| 6 Persons | $35,580 | $36,800 | $58,850 |
| 7 Persons | $39,350 | $39,350 | $62,900 |
| 8 Persons | $41,850 | $41,850 | $66,950 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Greenville, NC?+
The Fair Market Rent (FMR) for Pitt County, NC is: $925 (Studio), $931 (1BR), $1155 (2BR), $1570 (3BR), $1960 (4BR). Actual rent at subsidized properties like Carolina Cove is typically 30% of household income or less.
What size apartments are available at Carolina Cove?+
Carolina Cove offers the following unit types: 16 One-Bedroom, 40 Two-Bedroom, 30 Three-Bedroom, 14 Four-Bedroom units, for a total of 100 units.
How do I apply for housing at Carolina Cove?+
Carolina Cove 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 Pitt County, NC?+
For a 4-person household in Pitt County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,700, Low Income (80% AMI): $50,700. These limits are set by HUD and updated annually.
What is the price range for apartments in Greenville, NC?+
Based on Fair Market Rent for Pitt County, the estimated price range is: 1-bedroom: $931, 2-bedroom: $1155, 3-bedroom: $1570. Actual rent at Carolina Cove may be lower for income-eligible households.
Is there a waitlist for Carolina Cove?+
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 Carolina Cove?+
Carolina Cove is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Carolina Cove?+
Carolina Cove primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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