About This Property
The Swain Street Home is a single-family residence in Henderson, NC that provides affordable housing for families. This property contains one three-bedroom unit designated as low-income housing and has been in service since 1995. The home receives 9% Low-Income Housing Tax Credit (LIHTC) funding to maintain its affordability.
Waitlist Information
Waitlist managed by Franklin-Vance-Warren Opportunity, Inc.
This program focuses on affordable housing for elderly individuals. Preferences may include veterans, elderly, disabled, working families, or local residents, with income for a family of four in Vance County needing to be below $38,200/year.
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 July 28, 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 |
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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 Swain Street Home is typically 30% of household income or less.
What size apartments are available at Swain Street Home?+
Swain Street Home offers the following unit types: 1 Three-Bedroom units, for a total of 1 units.
Who is eligible to live at Swain Street Home?+
Swain Street Home primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Henderson, NC?+
Based on Fair Market Rent for Vance County, the estimated price range is: 3-bedroom: $1125. Actual rent at Swain Street Home may be lower for income-eligible households.
How do I apply for housing at Swain Street Home?+
Swain Street Home 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.
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 manages Swain Street Home?+
Swain Street Home is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Swain Street Home?+
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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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