Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Springwood Apartments

605 High St, Henderson, NC, 27536

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

Springwood Apartments is a 50-unit community in Henderson, NC that provides affordable housing for families, disabled individuals, and homeless residents. The property includes 20 two-bedroom and 30 three-bedroom units and has been in service since 2007 as a low-income housing development utilizing 4% LIHTC credits.

Waitlist Information

Waitlist managed by Franklin-Vance-Warren Opportunity, Inc.

Public Housing Waitlist
Closed

No current information found on the official website regarding the public housing waiting list status. Franklin Vance Warren Opportunity, Inc. provides public housing apartments.

Last verified February 9, 2026
Section 8 (HCV) Waitlist
Closed

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.

Last verified February 27, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
50
2 Bedroom
20
3 Bedroom
30

HUD Inspection Score

97
Excellent
Inspected July 2017

HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$12,880
Very Low (50%)
$20,500
Low (80%)
$32,800
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$23,400
Low (80%)
$37,450
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$26,350
Low (80%)
$42,150
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$29,250
Low (80%)
$46,800
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$31,600
Low (80%)
$50,550
6 Persons
Extremely Low (30%)
$33,950
Very Low (50%)
$33,950
Low (80%)
$54,300
7 Persons
Extremely Low (30%)
$36,300
Very Low (50%)
$36,300
Low (80%)
$58,050
8 Persons
Extremely Low (30%)
$38,650
Very Low (50%)
$38,650
Low (80%)
$61,800

Tax Credit Program Details

Year Placed in Service
2007
LIHTC Credit Type
4%
Low-Income Units
50 / 50
Target Population
FamiliesDisabledHomeless
Funding Programs
Rental Assistance
Designations
Qualified Census Tract

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 Springwood Apartments is typically 30% of household income or less.

What size apartments are available at Springwood Apartments?+

Springwood Apartments offers the following unit types: 20 Two-Bedroom, 30 Three-Bedroom units, for a total of 50 units.

What is the HUD inspection score for Springwood Apartments?+

Springwood Apartments has a HUD inspection score of 97 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.

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.

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, 3-bedroom: $1125. Actual rent at Springwood Apartments may be lower for income-eligible households.

How do I apply for housing at Springwood Apartments?+

Springwood Apartments 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 Springwood Apartments?+

Springwood Apartments primarily serves families, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Who manages Springwood Apartments?+

Springwood Apartments is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Springwood Apartments?+

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.

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Walk Score

Car-Dependent

33
Walk
26
Bike

Nearby Schools

KG,1,2,3,4,5,6,7,8,9,10,11
KG,1,2,4,5,6,7,8,9,10,11,12

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Vance County, NC

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Housing Resources in Henderson, NC

HUD-Approved Counseling Agencies

FRANKLIN-VANCE-WARREN OPPORTUNITY, INC.

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops