Ashton Way Apartments

325 East Harris Place, Eden, North Carolina 27288

Contact Ashton Way Apartments

Ashton Way Apartments are an affordable community offering one, two, and three bedroom units. For more information, please contact their management office.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	705	Call for Price
2 Bedroom (2/2)	967	Call for Price
3 Bedroom (3/2)	1126	Call for Price

Waiting List is Open Now

The Ashton Way Apartments waiting list is currently open until further notice.

Last updated on October 11th, 2019

Eligibility for Ashton Way Apartments

Ashton Way Apartments Details

56 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 538 Guaranteed Rural Rental Housing
HOME Investment Partnerships Program

Property Amenities

Fitness Center
Playground
Business Center
Clubhouse
Laundry Facilities
Picnic Area

Unit Amenities

Air Conditioning
Dishwasher
Washer and Dryer Hookup
Cable Ready
Refrigerator
Oven and Range

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 538 Guaranteed Rural Rental Housing

Section 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.

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.