Cypress Manor

217 Lincoln Dr, Fayetteville, North Carolina 28301

Contact Cypress Manor

Message Cypress Manor

Cypress Manor is managed by United Management II.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 751 Call for Price
2 Bedroom (2/1) 1079 Call for Price

Eligibility for Cypress Manor

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 Fayetteville but actual income limits may differ for units at Cypress Manor.

AMI Band 1 Person 2 Person 3 Person 4 Person
50% $24,700 $28,200 $31,750 $35,250

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 Fayetteville but actual income limits may differ for units at Cypress Manor.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $24,700 $28,200 $31,750 $35,250
Low Income (60%) $29,640 $33,840 $38,100 $42,300

Cypress Manor Details

  • 16 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Public Housing
  • Section 8 Project-Based Voucher (PBV)

Property Amenities

  • Community Room
  • Business Center
  • On-Site Manager
  • On-Site Maintenance
  • High Speed Internet Access
  • Game Room
  • On-Site Laundry

Unit Amenities

  • Air Conditioning
  • Ceiling Fan(s)
  • Dishwasher
  • Garbage Disposal
  • Cable Ready
  • Window Coverings
  • Refrigerator
  • Central Heat & Air
  • Heat and Air
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.

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.

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