About This Property
Pwe 1008 Parkthrough St is a 1-unit property in Cary, NC that has served low-income families since 1994. The property contains one 3-bedroom unit and is supported through 9% Low-Income Housing Tax Credits (LIHTC). The property is managed to provide affordable housing options in Wake County.
Property Details
Fair Market Rent - Wake 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 | $1,427 |
| 1 Bedroom | $1,466 |
| 2 Bedroom | $1,646 |
| 3 Bedroom | $2,035 |
| 4 Bedroom | $2,711 |
Income Limits - Wake County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $20,100
- Very Low (50%)
- $33,500
- Low (80%)
- $53,600
- Extremely Low (30%)
- $23,000
- Very Low (50%)
- $38,300
- Low (80%)
- $61,250
- Extremely Low (30%)
- $25,850
- Very Low (50%)
- $43,100
- Low (80%)
- $68,900
- Extremely Low (30%)
- $28,700
- Very Low (50%)
- $47,850
- Low (80%)
- $76,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $51,700
- Low (80%)
- $82,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $55,550
- Low (80%)
- $88,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $59,350
- Low (80%)
- $94,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $63,200
- Low (80%)
- $101,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,100 | $33,500 | $53,600 |
| 2 Persons | $23,000 | $38,300 | $61,250 |
| 3 Persons | $25,850 | $43,100 | $68,900 |
| 4 Persons | $28,700 | $47,850 | $76,550 |
| 5 Persons | $31,040 | $51,700 | $82,700 |
| 6 Persons | $35,580 | $55,550 | $88,800 |
| 7 Persons | $40,120 | $59,350 | $94,950 |
| 8 Persons | $44,660 | $63,200 | $101,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cary, NC?+
The Fair Market Rent (FMR) for Wake County, NC is: $1427 (Studio), $1466 (1BR), $1646 (2BR), $2035 (3BR), $2711 (4BR). Actual rent at subsidized properties like Pwe 1008 Parkthrough St is typically 30% of household income or less.
What size apartments are available at Pwe 1008 Parkthrough St?+
Pwe 1008 Parkthrough St offers the following unit types: 1 Three-Bedroom units, for a total of 1 units.
How do I apply for housing at Pwe 1008 Parkthrough St?+
Pwe 1008 Parkthrough St 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.
Who is eligible to live at Pwe 1008 Parkthrough St?+
Pwe 1008 Parkthrough St 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 Wake County, NC?+
For a 4-person household in Wake County, NC, the income limits are: Extremely Low Income (30% AMI): $28,700, Very Low Income (50% AMI): $47,850, Low Income (80% AMI): $76,550. These limits are set by HUD and updated annually.
Who manages Pwe 1008 Parkthrough St?+
Pwe 1008 Parkthrough St is managed by . You can reach them at .
What is the price range for apartments in Cary, NC?+
Based on Fair Market Rent for Wake County, the estimated price range is: 3-bedroom: $2035. Actual rent at Pwe 1008 Parkthrough St may be lower for income-eligible households.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Pwe 1008 Parkthrough St
1012 Parkthrough St
Cary, NC
1 Units1010 Parkthrough St
Cary, NC
1 Units1016 Parkthrough St
Cary, NC
1 UnitsPwe 1014 Parkthrough St
Cary, NC
1 Units1006 Parkthrough St
Cary, NC
1 Units1008 Parkthrough St
Cary, NC
1 Units