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Low Income (LIHTC)Waitlist Closed

Jacobs Property

801 N Privette St, Zebulon, NC, 27597

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Jacobs Property in Zebulon, NC contains 4 low-income units and has been in service since 1988. The property is financed through 9% Low-Income Housing Tax Credits and is managed to provide affordable housing options in Wake County.

Waitlist Information

Waitlist managed by Housing Authority of the County of Wake

Public Housing Waitlist
Closed
Opened November 22, 2022
Closed April 30, 2023
Apply: Multiple

When the waitlist was open, applications were accepted for 2, 3, 4, and 5 bedroom units and could be submitted in person, by mail, or by email.

Last verified April 13, 2026
Section 8 (HCV) Waitlist
Closed

HCV Portability Program Moratorium is mentioned.

Last verified February 6, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

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.

BedroomsFMR
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

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Tax Credit Program Details

Year Placed in Service
1988
LIHTC Credit Type
9%

Frequently Asked Questions

What is the average rent for affordable housing in Zebulon, 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 Jacobs Property is typically 30% of household income or less.

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 Jacobs Property?+

Jacobs Property is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Jacobs Property?+

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.

How do I apply for housing at Jacobs Property?+

Jacobs Property 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.

Begin Application Now

Walk Score

Car-Dependent

30
Walk
35
Bike

Nearby Schools

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

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

Location

Wake County, NC

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