Cherrywood Apartments

510 Office Lane, Cherryville, North Carolina 28021

Contact Cherrywood Apartments

Apartment community offering one (1), two (2) and three (3) bedroom units.

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

Eligibility for Cherrywood 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 Cherryville but actual income limits may differ for units at Cherrywood Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$34,900	$39,900	$44,900	$49,850	$53,850	$57,850

Cherrywood Apartments Details

48 one, two and three bedroom units.
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Playground

Unit Amenities

Carpet
New and Renovated Interior
New Cabinets

Office Hours

Day	Hours
Tuesday	8:00am-4:30pm
Wednesday	8:00am-4:30pm
Thursday	8:00am-4:30pm

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.