Prosperity Ridge

1430 El Paso Street, Kannapolis, North Carolina 28083

Contact Prosperity Ridge

Prosperity Ridge is a senior community for those 55 years of age and up. They offer an exercise room, computer room, community room, washer/dryer hook-up, dishwasher, storage, laundry room, and on-site maintenance staff.

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

Eligibility for Prosperity Ridge

Prosperity Ridge Details

60 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Elevator
Fitness Center
Laundry Room
Emergency Pull Cord
On-Site Maintenance
24 Hour Maintenance

Unit Amenities

Air Conditioning
Ceiling Fan(s)
Dishwasher
Water Trash and Sewer Included
Bathroom Grab Bars
Central Heat & Air
Cable & Internet Ready
Fully Equipped Kitchen
Full-Size Washer & Dryer Connections

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.