About This Property
Historic Wilkesboro School contains 41 low-income residential units in Wilkesboro, North Carolina, serving elderly residents. The property includes 34 one-bedroom units and 7 two-bedroom units and has been in service since 2012. Funding for this development came through the HOME program, with 9% Low-Income Housing Tax Credits supporting the project.
Property Details
Fair Market Rent - Wilkes 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 | $713 |
| 1 Bedroom | $745 |
| 2 Bedroom | $856 |
| 3 Bedroom | $1,139 |
| 4 Bedroom | $1,274 |
Income Limits - Wilkes 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 Wilkesboro, NC?+
The Fair Market Rent (FMR) for Wilkes County, NC is: $713 (Studio), $745 (1BR), $856 (2BR), $1139 (3BR), $1274 (4BR). Actual rent at subsidized properties like Historic Wilkesboro School is typically 30% of household income or less.
What size apartments are available at Historic Wilkesboro School?+
Historic Wilkesboro School offers the following unit types: 34 One-Bedroom, 7 Two-Bedroom units, for a total of 41 units.
What are the income limits for affordable housing in Wilkes County, NC?+
For a 4-person household in Wilkes 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 Historic Wilkesboro School?+
Historic Wilkesboro School primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Wilkesboro, NC?+
Based on Fair Market Rent for Wilkes County, the estimated price range is: 1-bedroom: $745, 2-bedroom: $856. Actual rent at Historic Wilkesboro School may be lower for income-eligible households.
Who manages Historic Wilkesboro School?+
Historic Wilkesboro School is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Historic Wilkesboro School?+
Historic Wilkesboro School 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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