Sedgebrook Apartments

100 Sedgebrook Dr, Cary, North Carolina 27511

Contact Sedgebrook Apartments

Sedgebrook offers high-quality apartments in the heart of Cary. Located off of Kildaire Farm Road about a half mile north of the Cary Parkway, Sedgebrook gives residents easy access to shopping centers, restaurants, and schools. Triangle Transit Authority (TTA) buses stop at the corner of Kildaire Farm Road, providing access to the entire Triangle area.

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/1)	-	Call for Price
3 (3/1)	-	Call for Price

Eligibility for Sedgebrook Apartments

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 Cary but actual income limits may differ for units at Sedgebrook Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$35,400	$40,450	$45,500	$50,550	$54,600	$58,650
Low Income (60%)	$42,480	$48,540	$54,600	$60,660	$65,520	$70,380

Sedgebrook Apartments Details

32 two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Playground
Community Room
On-Site Manager
Laundry Facilities

Unit Amenities

Washer and Dryer Hookup
Fully Equipped Kitchen
Mini Blinds & Curtain Rods
Private Patio and Balcony
Outside Storage Closets

Nearby Amenities

Near Schools
Near Shopping
Near Restaurants

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.