Holly Springs Apartments
155 West Holly Springs Rd, Holly Springs, North Carolina 27540
Contact Holly Springs Apartments
Holly Springs Apartments is managed by Community Management Corporation.
Holly Springs offers luxurious living for residents 62 years of age or older. The one story units are convenient to banks, restaurants, medical facilities and grocery stores. Residents will enjoy the cultural events, recreational facilities and other opportunities the area provides. Handicap accessible units are available. Our on-site staff is ready to welcome you to your new apartment home. Stop by today!
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price |
Eligibility for Holly Springs 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 Holly Springs but actual income limits may differ for units at Holly Springs Apartments.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $23,800 | $27,200 | $30,600 | $34,000 | $36,750 | $40,280 | $45,420 | $50,560 |
| 50% | $39,700 | $45,350 | $51,000 | $56,650 | $61,200 | $65,750 | $70,250 | $74,800 |
| 80% | $63,500 | $72,550 | $81,600 | $90,650 | $97,950 | $105,200 | $112,450 | $119,700 |
Holly Springs Apartments Details
- 17 one bedroom units.
- Section 202 Supportive Housing for the Elderly
- Section 8 Project-Based Rental Assistance (PBRA)
Property Amenities
- Community Room
- Laundry Facilities
- On-Site Laundry
Unit Amenities
- Air Conditioning
- Handicapped Accessible
- Cable Ready
- Carpet
- Storage
- Refrigerator
- Stove
- Energy Efficient Appliances
Section 202 Supportive Housing for the Elderly
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.
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.
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