Royal Oak

1760 Citadel Ct , Kannapolis, North Carolina 28083

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Royal Oak is managed by Edgewood Management Corporation.

Eligibility for Royal Oak

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 Kannapolis but actual income limits may differ for units at Royal Oak.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $20,950 $23,950 $26,950 $30,000 $35,140 $40,280 $45,420 $50,560
50% $34,900 $39,900 $44,900 $49,850 $53,850 $57,850 $61,850 $65,850
80% $55,850 $63,800 $71,800 $79,750 $86,150 $92,550 $98,900 $105,300

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 Kannapolis but actual income limits may differ for units at Royal Oak.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $34,900 $39,900 $44,900 $49,850 $53,850 $57,850 $61,850 $65,850

Royal Oak Details

  • 100 bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Section 221 (d) (3)
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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