About This Property
This four-unit multifamily property in Warrenton, NC offers affordable housing for families through the Low-Income Housing Tax Credit program. All units are three-bedroom configurations designed to serve low-income households. The property has been in service since 1994 and operates under 9% LIHTC financing.
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 Warrenton, 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 103-106 Horse Creek Road is typically 30% of household income or less.
What size apartments are available at 103-106 Horse Creek Road?+
103-106 Horse Creek Road offers the following unit types: 4 Three-Bedroom units, for a total of 4 units.
What is the price range for apartments in Warrenton, NC?+
Based on Fair Market Rent for Warren County, the estimated price range is: 3-bedroom: $1084. Actual rent at 103-106 Horse Creek Road may be lower for income-eligible households.
Who manages 103-106 Horse Creek Road?+
103-106 Horse Creek Road is managed by . You can reach them at .
How do I apply for housing at 103-106 Horse Creek Road?+
103-106 Horse Creek Road 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 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 is eligible to live at 103-106 Horse Creek Road?+
103-106 Horse Creek Road primarily serves families. 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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