About This Property
Deer Park Apts offers 32 units designated for low-income residents in Cleveland, North Carolina. The property has been in service since 1987 and operates under the 9% Low-Income Housing Tax Credit program.
Property Details
Fair Market Rent - Rowan 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 | $1,121 |
| 3 Bedroom | $1,483 |
| 4 Bedroom | $1,702 |
Income Limits - Rowan County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,100
- Very Low (50%)
- $21,850
- Low (80%)
- $34,900
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,950
- Low (80%)
- $39,900
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,050
- Low (80%)
- $44,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,150
- Low (80%)
- $49,850
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,650
- Low (80%)
- $53,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,150
- Low (80%)
- $57,850
- Extremely Low (30%)
- $38,650
- Very Low (50%)
- $38,650
- Low (80%)
- $61,850
- Extremely Low (30%)
- $41,150
- Very Low (50%)
- $41,150
- Low (80%)
- $65,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,100 | $21,850 | $34,900 |
| 2 Persons | $17,420 | $24,950 | $39,900 |
| 3 Persons | $21,960 | $28,050 | $44,900 |
| 4 Persons | $26,500 | $31,150 | $49,850 |
| 5 Persons | $31,040 | $33,650 | $53,850 |
| 6 Persons | $35,580 | $36,150 | $57,850 |
| 7 Persons | $38,650 | $38,650 | $61,850 |
| 8 Persons | $41,150 | $41,150 | $65,850 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cleveland, NC?+
The Fair Market Rent (FMR) for Rowan County, NC is: $925 (Studio), $931 (1BR), $1121 (2BR), $1483 (3BR), $1702 (4BR). Actual rent at subsidized properties like Deer Park Apts (Cleveland) is typically 30% of household income or less.
What are the income limits for affordable housing in Rowan County, NC?+
For a 4-person household in Rowan County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,150, Low Income (80% AMI): $49,850. These limits are set by HUD and updated annually.
How do I apply for housing at Deer Park Apts (Cleveland)?+
Deer Park Apts (Cleveland) 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.
Who manages Deer Park Apts (Cleveland)?+
Deer Park Apts (Cleveland) is managed by . You can reach them at . Visit their website for more information.