Givens Gerber Park III

50 Gerber Rd, Asheville, North Carolina 28803

Contact Givens Gerber Park III

Givens Gerber Park is located in beautiful, convenient South Asheville with numerous shops, grocery stores, and pharmacies nearby. In 2019, the community will feature an onsite Blue Ridge Health primary care clinic allowing residents to see a physician or have an urgent care visit without having to leave campus.

Amenities include: Elevator, cafe, clinic, community rooms, library, fitness center, beauty shop and screened porch.

Enjoy friends and fellowship at Givens Gerber Park.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Income Based
2 Bedroom (2/1.5)	-	Call for Price

Eligibility for Givens Gerber Park III

Givens Gerber Park III Details

60 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 202 Supportive Housing for the Elderly

Property Amenities

Elevator
Fitness Center
Community Room
Library
Barber Shop and Beauty Salon

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. 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. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.