About This Property
Rosewood Village comprises 40 low-income rental units in Norlina, NC, serving elderly residents since 1993. The property includes 38 one-bedroom and two two-bedroom units and is financed through 4% Low-Income Housing Tax Credits. The development provides affordable housing options for seniors in Warren County.
Property Details
Fair Market Rent - Warren 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 | $647 |
| 1 Bedroom | $651 |
| 2 Bedroom | $856 |
| 3 Bedroom | $1,084 |
| 4 Bedroom | $1,182 |
Income Limits - Warren 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Norlina, NC?+
The Fair Market Rent (FMR) for Warren County, NC is: $647 (Studio), $651 (1BR), $856 (2BR), $1084 (3BR), $1182 (4BR). Actual rent at subsidized properties like Rosewood Village is typically 30% of household income or less.
What size apartments are available at Rosewood Village?+
Rosewood Village offers the following unit types: 38 One-Bedroom, 2 Two-Bedroom units, for a total of 40 units.
What are the income limits for affordable housing in Warren County, NC?+
For a 4-person household in Warren 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 Rosewood Village?+
Rosewood Village is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Norlina, NC?+
Based on Fair Market Rent for Warren County, the estimated price range is: 1-bedroom: $651, 2-bedroom: $856. Actual rent at Rosewood Village may be lower for income-eligible households.
How do I apply for housing at Rosewood Village?+
Rosewood Village 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 Rosewood Village?+
Rosewood Village primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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