About This Property
The Edgewater offers 48 two-bedroom units designated for low-income elderly residents in North Augusta, South Carolina. This property, which placed in service in 2017, operates as a non-profit-owned community funded through 9% Low-Income Housing Tax Credits. All units serve residents meeting low-income eligibility requirements.
Property Details
Fair Market Rent - Aiken County, SC
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $805 |
| 1 Bedroom | $961 |
| 2 Bedroom | $1,100 |
| 3 Bedroom | $1,463 |
| 4 Bedroom | $1,779 |
Income Limits - Aiken County, SC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,550
- Very Low (50%)
- $24,200
- Low (80%)
- $38,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,650
- Low (80%)
- $44,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,100
- Low (80%)
- $49,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,550
- Low (80%)
- $55,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,350
- Low (80%)
- $59,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,100
- Low (80%)
- $64,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,850
- Low (80%)
- $68,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,650
- Low (80%)
- $73,000
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,550 | $24,200 | $38,750 |
| 2 Persons | $17,420 | $27,650 | $44,250 |
| 3 Persons | $21,960 | $31,100 | $49,800 |
| 4 Persons | $26,500 | $34,550 | $55,300 |
| 5 Persons | $31,040 | $37,350 | $59,750 |
| 6 Persons | $35,580 | $40,100 | $64,150 |
| 7 Persons | $40,120 | $42,850 | $68,600 |
| 8 Persons | $44,660 | $45,650 | $73,000 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in North Augusta, SC?+
The Fair Market Rent (FMR) for Aiken County, SC is: $805 (Studio), $961 (1BR), $1100 (2BR), $1463 (3BR), $1779 (4BR). Actual rent at subsidized properties like The Edgewater is typically 30% of household income or less.
What size apartments are available at The Edgewater?+
The Edgewater offers the following unit types: 48 Two-Bedroom units, for a total of 48 units.
How do I apply for housing at The Edgewater?+
The Edgewater 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 The Edgewater?+
The Edgewater primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Aiken County, SC?+
For a 4-person household in Aiken County, SC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,550, Low Income (80% AMI): $55,300. These limits are set by HUD and updated annually.
What is the price range for apartments in North Augusta, SC?+
Based on Fair Market Rent for Aiken County, the estimated price range is: 2-bedroom: $1100. Actual rent at The Edgewater may be lower for income-eligible households.
Who manages The Edgewater?+
The Edgewater is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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