Lisbon Square Apartments

312 Lisbon St, Clinton, North Carolina 28328

Contact Lisbon Square Apartments

Welcome to Lisbon Square!

Lisbon Square is a one bedroom complex with 34 units for the elderly and disabled. It is conveniently located just two blocks from Clinton's downtown square, yet surrounded by mature landscaping for a country air.

Each apartment is 698 square feet, with one bedroom, one bathroom, a living room, a small storage room, and a galley kitchen. Glass doors off the living room open up onto a cozy patio. There is a picnic shelter and grilling area that is available for use to all tenants and their guests.

The neighborhood is located across the street from The Sampson County History Museum on Lisbon Street. The complex borders a church, the city public works department, and a large vacant lot used for special event parking at the museum. The Clinton Police Department and the city library are just a short stroll down the sidewalk. All this makes for a very quiet and restful atmosphere inside the complex. Tenant rent is income based, and water, sewer, and trash collection are included in the rent.

Rent Based on Income.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Income Based

Eligibility for Lisbon Square Apartments

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 Clinton but actual income limits may differ for units at Lisbon Square Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$14,580	$19,720	$24,860	$30,000	$35,140	$40,150	$42,950	$45,700
50%	$24,250	$27,700	$31,150	$34,600	$37,400	$40,150	$42,950	$45,700
80%	$38,750	$44,300	$49,850	$55,350	$59,800	$64,250	$68,650	$73,100

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 Clinton but actual income limits may differ for units at Lisbon Square 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

Lisbon Square Apartments Details

34 one bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Section 515 Rural Rental Housing
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

BBQ and Picnic Area

Unit Amenities

Washer and Dryer Hookup
Patio Deck Or Balcony
Heat and Air

Office Hours

Day	Hours
Monday	8:00am-4:30pm
Wednesday	8:00am-4:30pm
Thursday	8:00am-12:00pm

Section 8 Project-Based Rental Assistance (PBRA)

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.

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.

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.