Chestnut Place is managed by The Michaels Organization.
Welcome to affordable living in Lumberton, North Carolina! Chestnut Place Apartments offers spacious 2- and 3-bedroom floor plans with features such as private entrances, large closets, and washer/dryer connections that will make your new apartment feel like home. A short five-minute drive will take you to various shopping and dining options. Your new home awaits you at Chestnut Place.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | 806 | From $627 To $725 |
Three Bedroom (3/1.5) | 1004 | From $718 To $825 |
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 Lumberton but actual income limits may differ for units at Chestnut Place.
AMI Band | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|
Very Low Income (50%) | $27,700 | $31,150 | $34,600 | $37,400 | $40,150 |
Low Income (60%) | $33,240 | $37,380 | $41,520 | $44,880 | $48,180 |
Day | Hours |
---|---|
Monday | 9:00am-6:00pm |
Tuesday | 9:00am-6:00pm |
Wednesday | 9:00am-6:00pm |
Thursday | 9:00am-6:00pm |
Friday | 9:00am-6:00pm |
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.