506 Avant Street Charlotte, NC 28204 Tel. Looking for senior housing can really be a challenge, especially if you are on a tight budget. Therefore, a senior resident who is looking for a Charlotte subsidized senior housing unit can probably find one under the LIHTC program. Any criminal activity are grounds for a resident to be evicted from their unit, and this includes Charlotte Low Income Apartments for Senior Citizens. We really want to send you the information, but we need to know who and where to send it to. Cuthbertson Village At Aldersgate is a pet-friendly 55+ senior apartment facility located at 3800 Shamrock Drive, 28215 zip code in Mecklenburg county. As part of the 28212 zip code area, it can provide senior living accommodations for North Carolina senior citizens who are searching for independent or assisted housing in Charlotte. Its full capacity is 104 apartments for the aged. If you prefer to get all information by phone, please call (888) 595-9101. Compare floor plans, amenities, and photos to find the best Apartments for you. Many options are available for seniors to help with their housing payments from government programs that have been created specifically for senior residents. For real estate developers, the influx of seniors moving into Charlotte means more housing needs to be to be made available. Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Charlotte but actual income limits may differ for units at Prosperity Creek Senior Apartments. Therefore, community owners under the LIHTC program can designate different units and assign them to specific income brackets. We would just like to know who and where to send it to. The median gross income for households in Charlotte is $53,637 a year, or $4,470 a month. In addition, there is an increase in the movement of senior adults into secondary cities to be near establishments and health care facilities to meet their daily needs. Kitchen In Charlotte, HUD calculates the Area Median Income for a family of four as $96,300. It has a maximum capacity of 82 senior living apartments. The Parc At Sharon Amity is a 55 plus senior living community located at 4025 N. Sharon Amity Drive in the 28205 zip code. 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. is $926 a month. I'm now matching you with one of our senior living specialists who will call you within the next few minutes. Farm Lane Apartments - westminstercompany HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. It has capacity of 80 senior apartments. The Renaissance is located in West Charlotte on West Boulevard, just east of Billy Graham Parkway. 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. It provides a total of 90 senior apartment units. In addition, seniors applying should not have a criminal record. 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. However, with the increase in the senior population comes a pretty big housing problem. Of course, since affordability is relative, what is affordable to one senior in terms of rent may not be affordable to another. Glenwater at University Place Apartments for Rent with Utilities While there are numerous programs and millions of units on the market specifically for low income seniors, finding those units can be challenging. 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. Range, Dog & Cat Friendly Therefore, for seniors to be eligible for Section 202, the household's total income must be less than $18,845.10 per year. City Council approves $25.8 million for affordable housing developments Some states define low income as having a total income (based on a four-person household) less than 30 to 80 percent of the AMI. Phone: 704-503-4866. Cindy is the author of many informational topics found on the Senioridy website and website's abroad. 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. GTranslate - HUD.gov / U.S. Department of Housing and Urban Development 3 Beds, $1,034 - 1,238 Charlotte, North Carolina Low Income Senior Apartments Therefore, a senior resident who is looking for a Charlotte subsidized senior housing unit can probably find one under the LIHTC program. 1 Bed. Inlivian - Our Inlivian is your Inlivian Search Properties Apply Here resident portal Supporting the community more every minute People Provided with Housing Families We helped achieve homeownership Properties We Own & Manage Scholarships Awarded to Inlivian students New Energy. North Carolina also requires a household member to be either a US citizen or a naturalized alien resident. New! The average rent of a 3 bedroom rental in Charlotte, NC is $1,881. Please provide your real phone number. Here are the 32 best senior living apartments in or near Charlotte, NC. This helps to incentivize developers of multifamily units to create low income living spaces for the elderly in and around Charlotte. Its full capacity is 56 apartments for the aged. 1-5 Beds, $1,060 Housing costs have outpaced household income increases 2.) Brookdale Carriage Club Providence Ii can accommodate up to 34 senior citizens in total. Wouldnt you rather spend your time enjoying a good book poolside or spending time with friends and family? Brookdale Carriage Club Providence Ii is a senior living community situated at 5816 Old Providence Road, inside 28226 zip code in the Mecklenburg county. If you prefer, you can get all costs information by calling us at (866) 892-7533. It includes a total of 122 senior apartment units. It provides a total of 48 senior apartment units. Cuthbertson Village At Aldersgate provides senior citizen apartments in Charlotte, NC. The LIHTC program is the most federally funded housing program in the United States, representing approximately 90% of all low income housing units available in the US. On top of that, Charlotte is attracting an influx of seniors because the medical costs in Charlotte are 5% lower than the national average. University Square Senior Apartments | Charlotte North Carolina Same Mission. The senior tenants will shoulder only a small part of the rent, which is usually about 30% of their Monthly Adjusted Income or MAI. Carmel Hills is a senior living community situated at 2801 Carmel Road, inside 28226 zip code in the Mecklenburg county. Let Apartments.com help you find the perfect senior housing apartment in North Carolina. Senior Apartments. Her advice has been sought and published on several national media websites, including the U.S. News and Quicken Loans websites. A licensed insurance broker will call you soon to discuss how long-term care insurance can help you pay for senior living. The rent seniors have to pay is usually determined by the resident's monthly adjusted income. 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. You May Like: What Is Median Income In Usa. Cities, like Charlotte, with higher populations tend to quickly run out of housing units to offer because of the popularity of the services and amenities that are available in the area. Affordable housing program eligibility is always determined by one's income. 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. Avion Point Senior Living | Charlotte, NC Low Income Apartments 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. As a result, Charlotte is a great city to live in for seniors because of more affordable medical costs and easy access to senior health care facilities. Manage Settings If you prefer, you can get all costs information by calling us at (866) 892-7533. The Low Income Housing Tax Credit or LIHTC is a tax credit program that gives non-profit and for-profit housing developers tax credits in exchange for allocating a portion of their development units for low income residents and for low income senior resident. Clubhouse Please enter your first name. For example, the area mean income of Charlotte, North Carolina in 2019 was $62,817.00. Your Name (required) Your Email (required) Your Phone (required) Subject. 6023 Tindall Park Dr, Charlotte, NC 28210, 6805 Walnut Branch Rd, Charlotte, NC 28277, 6930 Prosperity Rd, Huntersville, NC 28078. Low Rent Apartments in Charlotte, North Carolina Act now and your $ purchase will include 9 additional FREE application submissions to participating properties. Walk-In Closets, $995 - 1,145 Seven key trends are shaping the need for affordable housing in Charlotte. 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. Malls in the area include the upscale SouthPark Mall and the more affordable Carolina Place Mall in south Charlotte and the Northlake Mall in northwestern Charlotte. Website (877) 480-7873. Applying for the LIHTC program is different than the housing choice voucher but similar to the Section 202 process in that community property owners and property management will handle the application process. Housing Consultants & Referral Service. We are located a short distance from Romare Bearden Park, BB& T Ballpark, Rays Splash Planet, Carolina Panthers Football , PNC Music Pavilion, Epicentre Sports & Entertainment Complex, and NC Music Factory Pavilion all just 2-7 minute drive or 5-15 minute walk. Qualifying for low income senior apartments in Charlotte will differ based on the housing program applied for. Senior Apartments. The median rent for the city 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. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. Greenhaven Townhouses is ideally situated to give you easy access to the best of what the area has to offer. For seniors that can afford to pay a premium for a place to live, there are all kinds of resources and referral agents that will do the searching for them. 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. Charlotte is a city in Mecklenburg County, North Carolina with a population of 792,137. The CATS bus system provides convenient routes and schedules for most areas around Uptown. You must save a search in order to receive alerts. Transportation Car-Dependent 46 out of 100 WalkScore Rating Affordable Housing programs support 7,402 income based apartments in Charlotte where households pay rent based on how much they earn. Or sign in if you already have an account, 6023 Tindall Park Dr, Charlotte, NC 28210, 6805 Walnut Branch Rd, Charlotte, NC 28277, 1055 Hatchers Pond Ln, Morrisville, NC 27560, 6930 Prosperity Rd, Huntersville, NC 28078, 3504 Broadstone Village Dr, High Point, NC 27260, 2355 Copperstone Dr, High Point, NC 27265, 200 Brannigan Village Dr, Winston-Salem, NC 27127, 5910 Farrington Rd, Chapel Hill, NC 27517, 515 Springbrook Dr, Kernersville, NC 27284. If you prefer, you can get all information about this facility by calling us at (866) 892-7533. 11 Independent Living Communities in Charlotte,NC - Senior Housing Carmel Hills offers multiple apartment options for the elderly in Charlotte, NC, including studio and 1 bedroom. Please provide your real phone number. So, if fair market value for a rental unit would be $900, the senior only pays a small portion of that rent while the federal government pays the property owner the rest. *Please enter your address or point of interest. The SouthPark area also features upscale boutiques and high-end restaurants, while NoDa, or the North Davidson area near Uptown, has several trendy shops that sell clothing, art, home decor and handmade jewelry. As of March 2023, the average apartment rent in Charlotte, NC is $1,640 for a studio, $1,525 for one bedroom, $2,118 for two bedrooms, and $1,994 for three bedrooms. This program aims to give qualified housing developers incentives to build more affordable housing options for the increasing elderly population. 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. 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. Hello! She is passionate about providing information to Seniors and their Adult Caregivers to help make the journey to finding the information and resources that they need easier for them. Sponsored Links. You can expect to pay as little as $1,397 and as much as $1,819. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Overture Cotswold 55+ Active Adult Apartme *Please enter your address or point of interest. Phone: 704-537-8190.