
About This Property
This 4-unit property in Henderson, NC contains 2-bedroom apartments designated for low-income families. The building has been in service since 1995 and participates in the 9% Low-Income Housing Tax Credit program. All units serve families with low incomes.
Waitlist Information
Waitlist managed by Franklin-Vance-Warren Opportunity, Inc.
No current information found
The FVWOPP Section 8 Program is currently not accepting applications. When the program re-opens, dates and times will be advertised in the lobby, local newspapers, website, and social media platforms. Applicants on the waiting list should keep contact information up to date.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Vance 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 | $707 |
| 1 Bedroom | $712 |
| 2 Bedroom | $909 |
| 3 Bedroom | $1,125 |
| 4 Bedroom | $1,319 |
Income Limits - Vance 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 Henderson, NC?+
The Fair Market Rent (FMR) for Vance County, NC is: $707 (Studio), $712 (1BR), $909 (2BR), $1125 (3BR), $1319 (4BR). Actual rent at subsidized properties like 508 510 Charles Street is typically 30% of household income or less.
What size apartments are available at 508 510 Charles Street?+
508 510 Charles Street offers the following unit types: 4 Two-Bedroom units, for a total of 4 units.
How do I apply for housing at 508 510 Charles Street?+
508 510 Charles Street is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Henderson, NC?+
Based on Fair Market Rent for Vance County, the estimated price range is: 2-bedroom: $909. Actual rent at 508 510 Charles Street may be lower for income-eligible households.
Who manages 508 510 Charles Street?+
508 510 Charles Street is managed by . You can reach them at .
What are the income limits for affordable housing in Vance County, NC?+
For a 4-person household in Vance 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.
Who is eligible to live at 508 510 Charles Street?+
508 510 Charles Street primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for 508 510 Charles Street?+
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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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