About This Property
Ashton Way contains 48 low-income units in Eden, NC, with a mix of one-, two-, and three-bedroom floor plans serving families. The property placed in service in 2018 and receives 9% Low-Income Housing Tax Credit funding along with HOME program assistance. Eight one-bedroom, 22 two-bedroom, and 18 three-bedroom units are available.
Property Details
Fair Market Rent - Rockingham 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 | $633 |
| 1 Bedroom | $719 |
| 2 Bedroom | $934 |
| 3 Bedroom | $1,198 |
| 4 Bedroom | $1,360 |
Income Limits - Rockingham 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Eden, NC?+
The Fair Market Rent (FMR) for Rockingham County, NC is: $633 (Studio), $719 (1BR), $934 (2BR), $1198 (3BR), $1360 (4BR). Actual rent at subsidized properties like Ashton Way is typically 30% of household income or less.
What size apartments are available at Ashton Way?+
Ashton Way offers the following unit types: 8 One-Bedroom, 22 Two-Bedroom, 18 Three-Bedroom units, for a total of 48 units.
Who is eligible to live at Ashton Way?+
Ashton Way primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Ashton Way?+
Ashton Way is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Eden, NC?+
Based on Fair Market Rent for Rockingham County, the estimated price range is: 1-bedroom: $719, 2-bedroom: $934, 3-bedroom: $1198. Actual rent at Ashton Way may be lower for income-eligible households.
What are the income limits for affordable housing in Rockingham County, NC?+
For a 4-person household in Rockingham 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.
How do I apply for housing at Ashton Way?+
Ashton Way 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.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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