Coleridge Road Apartments is managed by Multifamily Select, Inc..
Coleridge Road Apartments are an affordable community offering one, two, three, and four bedroom units. For more information, please contact their management office.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | From $401 To $925 |
Two Bedroom (2/1) | - | From $401 To $925 |
Three Bedroom (3/1) | - | From $401 To $925 |
Four Bedroom (4/1) | - | From $401 To $925 |
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 Asheboro but actual income limits may differ for units at Coleridge Road Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $16,250 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $27,100 | $30,950 | $34,800 | $38,650 | $41,750 | $44,850 | $47,950 | $51,050 |
80% | $43,300 | $49,500 | $55,700 | $61,850 | $66,800 | $71,750 | $76,700 | $81,650 |
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 Asheboro but actual income limits may differ for units at Coleridge Road Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $27,100 | $30,950 | $34,800 | $38,650 | $41,750 | $44,850 | $47,950 | $51,050 |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.