Kings Mill Apartments

1200 Daughters Dr, Newport, North Carolina 28570

Contact Kings Mill Apartments

Kings Mill Apartments is a senior apartment community located in a beautiful residential environment within the small and quaint Town of Newport. Coveniently located near banks, restaurants, medical facilities and shopping. Kings Mill Apartments offer modern appliances including washer/dryer, microwave and ice maker in each home. The community room serves as a gathering place for our active residents. They enjoy pot lucks, art classes, games and other interesting events. Come home to Kings Mill Apartments!

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

Eligibility for Kings Mill Apartments

Kings Mill Apartments Details

44 one and two bedroom units.
HOME Investment Partnerships Program
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Community Room
Grilling Area
Laundry Facilities
Picnic Area
On-Site Laundry

Unit Amenities

Ceiling Fan(s)
Dishwasher
Garbage Disposal
Cable Ready
Refrigerator
Oven and Range
Washer and Dryer Included
Private Porch
Wall-to-Wall Carpeting

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

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.