In the meantime, check out an extensive library of Moving Tips for tons of time and money-saving tricks, as well as every moving hack youd ever need CLICK HERE, Monday to Friday: 9am-5pmSaturday: ClosedSunday: Closed, 4825 Spring Trace DriveCharlotte, North Carolina 28269, 4825 Spring Trace Drive Charlotte, North Carolina 28269. Instead, the rent for a LIHTC unit is based on the number of bedrooms and the income bracket designated to the unit. Willow Ridge Assisted Living provides housing for senior citizens in Charlotte, NC. So, if a senior resident finds a low income apartment in Charlotte that costs $800 per month, that senior may only have to pay $300 or $400 toward rent and the voucher will cover the rest. Elderly tenants who want to qualify for a housing choice voucher should enroll with the area's Public Housing Authority. Renting a subsidized or section 8 apartment is the best way to find affordable housing in Charlotte. The senior tenants will shoulder only a small part of the rent, which is usually about 30% of their Monthly Adjusted Income or MAI. For an instant quote today please visit epremiuminsurance.com or call 1-800-319-1390. If you prefer, you can get all costs information by calling us at (866) 892-7533. Save your current search and get the latest updates on new listings matching your search criteria! Overture Providence 55+ Active Adult Apart 6805 Walnut Branch Rd, Charlotte, NC 28277, Belvedere At Berewick- A 55+ Luxury Community, 6930 Prosperity Rd, Huntersville, NC 28078. If you prefer, you can get all costs information by calling us at (866) 892-7533. 506 Avant Street Charlotte, NC 28204 Tel. Whether youre looking for low-key independent living apartments to vibrant 55+ retirement communities, theres something for everyone here. North Carolina also requires a household member to be either a US citizen or a naturalized alien resident. Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Charlotte but actual income limits may differ for units at Honeycreek Senior Apartments. The Residence at Renaissance offers two and three bedroom townhome units and one, two, and three bedroom apartments units. If you prefer to get all information by phone, please call (888) 595-9101. This program aims to give qualified housing developers incentives to build more affordable housing options for the increasing elderly population. Could you please enter your email address, so that we know where to send you all the information? The Laurels In Highland Creek provides a total of 105 55+ senior apartments. The tax credits are an incentive for developers to build new housing or acquire and rehabilitate existing housing units to help give housing options to low income households. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811. Therefore, community owners under the LIHTC program can designate different units and assign them to specific income brackets. Since the number of seniors that rent versus owning their housing has increased, it has had a profound impact on real estate. 2-3 Beds, $750 - 1,100 In many areas of the country, especially those areas that have a high population of lower income families, enrollment only opens every three of four years and then only for a month or so when it does open. All Rights ReservedSITE MAP. Therefore, seniors that choose a LIHTC program should expect to live in a community with a mixed age group. Apartment rent in Charlotte has increased by 2.2% in the past year. Section 202, also known as the Affordable Senior Housing Program, expands HUDs Section 8 program with the additional provisions of supportive services for the elderly. The LYNX Light Rail System offers a quick way to get to Uptown and back without having to worry about dealing with traffic and finding a parking spot in the heart of the city. This burden can seriously limit the amount that seniors can afford for rent payments. Keyword search, separate by commas. It has a maximum capacity of 62 senior living apartments. Protect yourself from scams! With the Section 8 program, the voucher goes where the tenant goes allowing the elderly to select the best property available for their needs. 1-2 Beds, $930 - 1,572 An example of data being processed may be a unique identifier stored in a cookie. As a seniors medical needs rise and their capabilities diminish, seniors tend to move into more populated areas that have better supporting services and medical providers. You May Like: Low Income Apartments Memphis Tn. Prosperity Creek Senior Apartments | Charlotte, NC Low Income Apartments Your Name (required) Your Email (required) Your Phone (required) Subject. Check availability now! Affordable Sports Historic Suburban Great Schools The city of Concord is a large suburb of North Carolina, located just 25 miles northeast of Charlotte. Senior Living Apartments in Charlotte, North Carolina | After55 If you don't want to wait, please call (888) 595-9101. For your pleasure, our community features a community park, neighborhood elementary school, and community recreation center. Email me listings and apartment related info. : (704) 334-0448 Fax: (704) 334-0335 cherrygardens@epmsites.com Download PDF Brochure Download Rental Application Cherry Gardens is tucked away on a quite street in the residential Cerry neighborhood. Barringer Gardens - RHF Typically, when there is an increase in demand for something prices will rise. The function of the Service Coordinator is to help the senior resident find services and programs to help supplement the seniors care needs. So, seniors moving into an area with an increasing population may find it necessary to hunt for low cost senior housing in Charlotte. Fortunately, the Senioridy.com platform offers seniors that have low or fixed incomes a good place to search for and find low income senior housing options. Senior Apartments. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Low cost senior housing properties are typically community-based apartments with reasonably-priced monthly rents made available for lower-income seniors. 1-4 Beds, $1,050 - 1,372 However, income classifications are dependent on the AMI of each area. While there are numerous programs and millions of units on the market specifically for low income seniors, finding those units can be challenging. If you have to get to and from the more outlying areas of the city, you might have a harder time finding public transportation. But more populated areas also come packaged with a higher cost of living, including monthly rent payments. 46.61% of households who rent are overburdened in Charlotte. Income Based Senior Housing in Charlotte, NC - Yellow Pages The average rent of a 3 bedroom rental in Charlotte, NC is $1,881. Dishwasher Email me listings and apartment related info. 2002-2023 ApartmentSmart.com, Inc.Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs. Property Type: Senior; Units: 40; Mercy Plan Belmont is an independent living apartment complex for low-income seniors. Her advice has been sought and published on several national media websites, including the U.S. News and Quicken Loans websites. The average price range for low-income apartments in Charlotte, NC is between $1,525 and $2,118. The main purpose of low cost senior housing is to allow the elderly to have enough money left to pay for other monthly expenses such as medication, grocery and other things like durable medical equipment. If a unit is set aside for a household that lives in the very low income range, the rent will be set at a fixed amount for that income bracket according to income levels specific to Charlotte, NC and the resident applying must not exceed that brackets income level. Rent Low Income Apartments in Charlotte, North Carolina | Affordable Pool Could you please let us know your first name? Avion Point Senior Living | Charlotte, NC Low Income Apartments Avion Point Senior Living 2340 Apex Landing Way, Charlotte , North Carolina 28217 You've worked hard to get where you are. It lies within one mile of shopping, neighborhood services, Belmont Abbey Collage, churches and recreational facilities. Seniors tend to have increasing medical expenses as they continue to grow old, which can cause a financial burden that must be considered when looking for affordable living options. See complete list of 55+ senior housing in Charlotte, North Carolina and nearby: The Little Flower Assisted Living is a senior living facility located at 8700 Lawyers Road, inside 28227 zip code in Mecklenburg county and offers senior housing in Charlotte, North Carolina. Waltonwood Cotswold is a retirement living community in 28211 zip code area, situated at 5215 Randolph Road in the Mecklenburg county. The average rent of a 1 bedroom rental in Charlotte, NC is $1,488. A professional and dedicated staff know how to make Honeycreek a place you can be proud to call home have fun and make new friends! 45.94% of households in Charlotte are renters. Apply to multiple properties within minutes. We would just like to know who and where to send it to. Brighton Gardens Of Charlotte can accommodate up to 125 senior citizens in total. The average rent of a 4 bedroom rental in Charlotte, NC is $2,245. This program aims to give qualified housing developers incentives to build more affordable housing options for the increasing elderly population. However, senior tenants with a greater need may be give more priority in getting a voucher if the need is determined to be more immediate. In North Carolina, the definition of low income is when a households total income is below 30% of the AMI of the state. Sourced from federal housing data and AffordableHousingOnline.com research. Charlotte HUD Rental Assistance Income Qualifications. Farm Lane Apartments Address: 5500 Farm Pond Lane, Charlotte, North Carolina, 28212 Telephone: 704-536-5643 Fax: 704-536-0550 Text: 704.486.5014 Manager: Brenda Ames Email: farmlane@wcsites.net Description Farm Lane Apartments has 120 units offering affordable 1 bedroom apartments for senior persons, age 62 and over. In Charlotte, a household making less than $3,087 a month would be considered overburdened when renting an apartment at or above the median rent. A professional and dedicated staff know how to make Honeycreek a place you can be . Unlike other subsidized housing programs, the voucher goes to the renter and not to the housing property owners. This bracketing system means that a household that falls within a higher income bracket can choose only units they qualify for or choose to pay the fair market rental value for a unit that is in a lower bracket. Because there is such a high demand for the spaces and so few search platforms available, locating and securing low income senior housing in Charlotte, NC can be a time consuming process. Seniors that have limited incomes can also search for available options online through government websites such as HUD.gov. Apartments.com Rents in these units are capped at a maximum of 30% of the set-aside area median income . You'll likely want a car when living in this area since it has few transit options. Instead, the unit's rent is based on the size of the unit and the income bracket the unit is associated with. Please enter your phone number, starting with area code. The American population is getting older and many of those aging baby boomers are on looking for a place to live in the Charlotte, North Carolina area. Dishwasher Therefore, for seniors to be eligible for Section 202, the household's total income must be less than $18,845.10 per year. Preston House contains 40 apartments for older adults in total. The Laurels In Highland Creek offers Mecklenburg County residents looking for senior living near Charlotte, North Carolina multiple senior housing options. Cheap Senior Apartments for Rent in Charlotte, NC from $300 We value your privacy. It has capacity of 49 senior citizens. Enjoy the benefits of community living with the added perks of living minutes away from downtown Charlotte. About Search Results. Brittany.Clampitt@ci.charlotte.nc.us. The eligibility income to qualify for a voucher must be below $31,408.50 per year, which means that any person or household with a total combined income that exceeds this amount will not be qualified. Dog & Cat Friendly If a senior performs a search for Charlotte low income senior living near me on a search engine they can expand their search radius of the results presented to see a list of other options available outside of Charlotte city center. If you prefer, you can get all information about this facility by calling us at (866) 892-7533. While the elderly resident will only pay a small, pre-determined portion of the actual rent, the government will pay the remainder of the rent to the housing provider so that they receive full market value for rent each month. Seniors looking for luxury retirement options in Charlotte, North Carolina will find Elmcroft Of Little Avenue as an excellent option. Cherry Gardens Award winning design and top of the line amenites make Cherry Gardens the best of Charlotte! The rent seniors have to pay is usually determined by the resident's monthly adjusted income. Carmel Hills offers multiple apartment options for the elderly in Charlotte, NC, including studio and 1 bedroom. It has capacity of 120 senior apartments. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Legacy Heights Senior Living Community is a pet-friendly 55+ senior apartment facility located at 11230 Ballantyne Trace Court, 28277 zip code in Mecklenburg county. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Let Apartments.com help you find the perfect senior housing apartment in Charlotte. For Charlotte, the AMI is calculated from all households within Mecklenburg County. Each voucher is given directly to the qualified resident, giving them the option of relocating and choosing from any of the Charlotte low income senior housing communities that accept housing vouchers. Low Income Senior Apartments in Charlotte, NC - Yellow Pages Save your current search and get the latest updates on new listings matching your search criteria! Cabs are also available, although this mode of transportation isn't the cheapest. Many of these seniors do not have the ability to purchase a home and many that can purchase wont because of the upkeep involved. Kitchen 2-3 Beds, $685 - 800 Walk-In Closets If you prefer, you can get all costs information by calling us at (866) 892-7533. This area is considered a car-dependent area and most errands will require a car. Just click on any of these 914 senior housing apartment options to view photos and floor plans, plus find out verified information about neighborhoods, amenities, services, community activities and more. The tax credits are an incentive for developers to build new housing or acquire and rehabilitate existing housing units to help give housing options to low income households. In North Carolina, the definition of low income is when a household's total income is below 30% of the AMI of the state. Honeycreek Senior Apartments | Charlotte, NC Low Income Apartments Get involved in your new community and enjoy camaraderie at our resident socials. It has capacity of 120 senior apartments. Brookdale Carriage Club Providence I is a senior living community located at 5802 Old Providence Road in Mecklenburg County. Looking for senior housing can really be a challenge, especially if you are on a tight budget. The Crossings At Steele Creek provides senior living in Charlotte, North Carolina. We have 107 senior living Apartments in Charlotte, North Carolina currently available for rent. The rent amount that has been assigned to the units income bracket will stay fixed for one year regardless of whether or not the household's income increases. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. Senior adults who live in an area with overlapping counties should call the housing authority of each county for information about low income senior housing within each specific county. Applicants must be 62 years and older and must be classified as having a low income. Queen City Assisted Living is a 55 and older apartments community situated at 1700 Montana Drive, 28216 zip code inside Mecklenburg County. Carmel Hills can accommodate up to 38 senior citizens in total. Charlotte is a major economic hub that houses numerous corporate headquarters, including nine Fortune 500 companies. For example, housing programs that are offered only to senior tenants will have more stringent eligibility requirements. See all 1 apartments in Glenwater at University Place, Charlotte, NC with utilities included currently available for rent. This three-story building is located in the heart of Belmont, North Carolina, just southwest of Charlotte. 2002-2023 ApartmentSmart.com, Inc.Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs. Low Rent Apartments in Charlotte, North Carolina However, the PHA will only release a notice of enrollment if it assesses that there are enough units available and has a very low waitlist. Explore our listings to compare the amenities, floor plans, and services available at each residence. in the palm of your hand throughout your rental journey. Tenants that are found to be ineligible for Section 202 program can reapply after three years. One of the cities that has seen the rise of senior migration is Charlotte, NC. Therefore, a senior resident who is looking for a Charlotte subsidized senior housing unit can probably find one under the LIHTC program. Claim a Provider Listing, Save your Favorite items, or Submit a new Provider Listing! Charlotte Senior Apartments - Senior Living Apartments in Charlotte, NC The American population is getting older and many of those aging baby boomers are on looking for a place to live in the Charlotte, North Carolina area. Fortunately, the US Government has developed a few subsidized living programs that cater to the needs of the elderly for Charlotte low income senior housing options. Wouldnt you rather spend your time enjoying a good book poolside or spending time with friends and family? Once your application is approved, you will automatically be invited to us Updater via email address you provided us. Page 1 of 2. Charlotte Square provides a total of 125 55+ senior apartments. Preston House offers North Carolina seniors looking for Mecklenburg County area apartments multiple housing options. 1 Bed. If you prefer, you can get all information about this facility by calling us at (866) 892-7533. As part of the 28226 zip code area, it can provide senior living accommodations for North Carolina senior citizens who are searching for independent or assisted housing in Charlotte. The LIHTC program is different from the other programs because its rent is not based on an elderly adult's income. Select your school and find the perfect place nearby or on-campus. Tenants that are found to be ineligible for Section 202 program can reapply after three years. As part of the 28210 zip code area, it can provide senior living accommodations for North Carolina senior citizens who are searching for independent or assisted housing in Charlotte. Cabs are also available, although this mode of transportation isn't the cheapest. A licensed insurance broker will call you soon to discuss how long-term care insurance can help you pay for senior living. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Radbourne Manor Iii is a 55 plus senior living community located at 2920 Cindy Lane in the 28269 zip code. The LIHTC program assigns income brackets by establishing the Area Median Income (AMI) for each area in the country and assigns income brackets, ranging from 30 to 80 percent, to specific housing units. Parker Terrace is a 55 and over senior housing complex situated at 3800 Shamrock Drive in Mecklenburg county and offers senior living in Charlotte, North Carolina. Catch a live concert at the Fillmore Charlotte, explore the NASCAR Hall of Fame, catch a game at NBAs Spectrum Theater, explore Discovery Place Science, or ride the rollercoasters at Carowinds. Rental assistance is a type of housing subsidy that pays for a portion of a renters monthly housing costs, including rent and tenant paid utilities. The Laurels In Highland Creek is a senior apartment facility situated at 6101 Clarke Creek Parkway, 28269 zip code. My name is Kimberly and I will be assisting you today. Whether youre looking for low-key independent living apartments to vibrant 55+ retirement communities, theres something for everyone here. To apply, contact or visit the management office of each apartment building that interests you. in the palm of your hand throughout your rental journey. The city of Charlotte has earned its spot on countless Best Places to Live lists for its seemingly endless entertainment options. Low cost senior housing is usually a result of a collaboration between the government and qualified housing providers. Thank you. Charlotte Wheelchair Accessible Apartments. Locals frequent Uptown Charlotte for its local attractions, nightlife spots, and abundant shopping. If you prefer, you can get all information about this facility by calling us at (866) 892-7533. We will be in touch soon to provide you all the information. New! Find out how. Looking for senior housing can really be a challenge, especially if you are on a tight budget. Brookdale Charlotte East is a senior living community located at 6053 Wilora Lake Road in Mecklenburg County. Please enter your first name. You are almost there. Brookdale Cotswold provides housing for senior citizens in Charlotte, NC. In Unit Washer & Dryer Another component of Section 202 is to subsidize rents for the elderly tenants who live in a Section 202 property. This area is considered a car-dependent area and most errands will require a car. Seniors looking for luxury retirement options in Charlotte, North Carolina will find Waltonwood Cotswold as an excellent option. Recommended Reading: Low Income Apartments Des Moines. The eligibility income to qualify for a voucher must be below $31,408.50 per year, which means that any person or household with a total combined income that exceeds this amount will not be qualified. It provides a total of 48 senior apartment units. Its full capacity is 104 apartments for the aged. But for Low Income seniors, that simply is not the case. To determine the authenticity of the application, PHA staff will interview applicants and look for legal documents proving the applicants identity, banking information, source of income, age, and any other pertinent background information. Since this property has received funding in part through the Low Income Housing Tax Credit program, a certain number of units are set aside for lower income households. The Haven In Highland Creek is a senior living facility located at 5920 Mcchesney Drive, inside 28269 zip code in Mecklenburg county and offers senior housing in Charlotte, North Carolina. It provides a total of 90 senior apartment units. Overture Chapel Hill 55+ Active Adult Apar Overture Cotswold 55+ Active Adult Apartme enter move in date in the format: 2 digit month / 2 digit day / 4 digit year. Of course, since affordability is relative, what is affordable to one senior in terms of rent may not be affordable to another. You must save a search in order to receive alerts. *Please enter your address or point of interest. While about two-thirds of the seniors own homes, nearly 21 million seniors rent. is $926 a month. Qualifying for low income senior apartments in Charlotte will differ based on the housing program applied for. It is expected that when the last of the generation of baby boomers reaches the age of 65, the senior population in the US will have reached 22 percent. Charlotte offers easy access to major interstates, a public transit line, and proximity to the Charlotte Douglas International Airport. Avion Point Senior Living is managed by Gateway Management. Any resident over the age of 19 who meets the income requirements can apply for the HCV program. Here are the 32 best senior living apartments in or near Charlotte, NC. By submitting this form, you agree to SeniorGuidance.org's Terms of Use, Privacy Policy and agreement to be contacted by us, or our partner providers, using a system that can auto-dial. Brookdale Carriage Club Providence Ii can accommodate up to 34 senior citizens in total. The senior tenants will shoulder only a small part of the rent, which is usually about 30% of their Monthly Adjusted Income or MAI. Its full capacity is 52 apartments for the aged. By clicking the red button above, you agree to SeniorGuidance.org's Terms of Use, Privacy Policy and agreement to be contacted by us, or our partner providers, using a system that can auto-dial. Section 202, also known as the Affordable Senior Housing Program, expands HUD's Section 8 program with the additional provisions of supportive services for the elderly. Charlotte, NC 28227. 1-2 Beds, $660 - 730 The average voucher holder contributes $300 towards rent in Charlotte. Known as the Queen City, Charlotte is North Carolinas busiest city with over 800,000 residents. Wouldnt you rather spend your time enjoying a good book poolside or spending time with friends and family? Thank you. Its full capacity is 56 apartments for the aged. Transportation Car-Dependent 46 out of 100 WalkScore Rating Catch a live concert at the Fillmore Charlotte, explore the NASCAR Hall of Fame, catch a game at NBAs Spectrum Theater, explore Discovery Place Science, or ride the rollercoasters at Carowinds.