Low Income (LIHTC)Waitlist Open

623 Carolina Ave

623 Carolina Ave, Raleigh, NC, 27606

Information verified June 23, 2026·We re-check waiting list status daily

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About This Property

623 Carolina Ave in Raleigh offers one 2-bedroom unit designated as low-income housing. The property has been in service since 1995 and is supported by 9% Low-Income Housing Tax Credits. This single-unit property serves Wake County's affordable housing stock.

Waitlist Information

Waitlist managed by Housing Authority of the City of Raleigh

Public Housing Waitlist

Closed

Opened June 2, 2025

Closed June 6, 2025

Apply: Online

Pre-applications were selected based on time and date of submission plus applicable preferences; only one pre-application per household was permitted. Preferences included Wake County residency/employment, mobility-impairment for accessible units, working families (35+ hours/week for 24+ months), elderly (62+), and disabled individuals.

Last verified June 22, 2026

Section 8 (HCV) Waitlist

Open

Apply: Online

Eligibility is based on total annual gross income and family size, limited to US citizens and specified categories of non-citizens with eligible immigration status, generally not exceeding 50% of the median income; RHA implements preferences. Families typically pay between 30% and 40% of their adjusted annual income towards housing.

Last verified February 23, 2026

Waitlist data provided by section8waitlist.org

Updated June 23, 2026

Property Details

Total Units

2 Bedroom

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.

1 Person

Extremely Low (30%): $20,100
Very Low (50%): $33,500
Low (80%): $53,600

2 Persons

Extremely Low (30%): $23,000
Very Low (50%): $38,300
Low (80%): $61,250

3 Persons

Extremely Low (30%): $25,850
Very Low (50%): $43,100
Low (80%): $68,900

4 Persons

Extremely Low (30%): $28,700
Very Low (50%): $47,850
Low (80%): $76,550

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $51,700
Low (80%): $82,700

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $55,550
Low (80%): $88,800

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $59,350
Low (80%): $94,950

8 Persons

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

Year Placed in Service

1995

LIHTC Credit Type

Low-Income Units

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Frequently Asked Questions

What is the average rent for affordable housing in Raleigh, 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 623 Carolina Ave is typically 30% of household income or less.

What size apartments are available at 623 Carolina Ave?+

623 Carolina Ave offers the following unit types: 1 Two-Bedroom units, for a total of 1 units.

What is the price range for apartments in Raleigh, NC?+

Based on Fair Market Rent for Wake County, the estimated price range is: 2-bedroom: $1646. Actual rent at 623 Carolina Ave may be lower for income-eligible households.

How do I apply for housing at 623 Carolina Ave?+

623 Carolina Ave 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 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 623 Carolina Ave?+

623 Carolina Ave is managed by . You can reach them at .

Is there a waitlist for 623 Carolina Ave?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Open. 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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