Emerald Forest Apartments is managed by United Property Management.
Emerald Forest Apartments is located in Biscoe, NC, just over a mile from the picturesque Uwharrie National Forest. Emerald Forest offers 2, 3 and 4 bedroom units. The application fee is $30 per adult applicant and one month's rent is required for a security deposit.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
2 Bedroom (2/2) | - | From $270 To $495 |
3 Bedroom (3/2) | - | From $530 To $565 |
4 Bedroom (4/2) | - | $595 |
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 Biscoe but actual income limits may differ for units at Emerald Forest Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $24,250 | $27,700 | $31,150 | $34,600 | $37,400 | $40,150 | $42,950 | $45,700 |
Low Income (60%) | $29,100 | $33,240 | $37,380 | $41,520 | $44,880 | $48,180 | $51,540 | $54,840 |
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.