About This Property
Woodland Bluff offers 48 low-income units in Elkin, NC serving families through a mix of 27 two-bedroom and 21 three-bedroom apartments. The property was placed in service in 2017 and utilizes 9% LIHTC financing to maintain affordability. Contact information and management details are available upon request.
Property Details
Fair Market Rent - Surry 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 | $672 |
| 1 Bedroom | $677 |
| 2 Bedroom | $856 |
| 3 Bedroom | $1,045 |
| 4 Bedroom | $1,368 |
Income Limits - Surry 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%)
- $34,950
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,000
- Low (80%)
- $39,950
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $28,100
- Low (80%)
- $44,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,200
- Low (80%)
- $49,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,700
- Low (80%)
- $53,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,200
- Low (80%)
- $57,900
- Extremely Low (30%)
- $38,700
- Very Low (50%)
- $38,700
- Low (80%)
- $61,900
- Extremely Low (30%)
- $41,200
- Very Low (50%)
- $41,200
- Low (80%)
- $65,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,100 | $21,850 | $34,950 |
| 2 Persons | $17,420 | $25,000 | $39,950 |
| 3 Persons | $21,960 | $28,100 | $44,950 |
| 4 Persons | $26,500 | $31,200 | $49,900 |
| 5 Persons | $31,040 | $33,700 | $53,900 |
| 6 Persons | $35,580 | $36,200 | $57,900 |
| 7 Persons | $38,700 | $38,700 | $61,900 |
| 8 Persons | $41,200 | $41,200 | $65,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Elkin, NC?+
The Fair Market Rent (FMR) for Surry County, NC is: $672 (Studio), $677 (1BR), $856 (2BR), $1045 (3BR), $1368 (4BR). Actual rent at subsidized properties like Woodland Bluff is typically 30% of household income or less.
What size apartments are available at Woodland Bluff?+
Woodland Bluff offers the following unit types: 27 Two-Bedroom, 21 Three-Bedroom units, for a total of 48 units.
What is the price range for apartments in Elkin, NC?+
Based on Fair Market Rent for Surry County, the estimated price range is: 2-bedroom: $856, 3-bedroom: $1045. Actual rent at Woodland Bluff may be lower for income-eligible households.
How do I apply for housing at Woodland Bluff?+
Woodland Bluff 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 is eligible to live at Woodland Bluff?+
Woodland Bluff primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Surry County, NC?+
For a 4-person household in Surry County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,200, Low Income (80% AMI): $49,900. These limits are set by HUD and updated annually.
Who manages Woodland Bluff?+
Woodland Bluff is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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