Catawba Pines Apartments

815 East 1st Street, Newton, North Carolina 28658

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Catawba Pines Apartments is managed by Alco Management Inc..

Catawba Pines is conveniently located near restaurants, schools, coffee shops and banking. Their grounds feature large lawns with abundance of trees, shrub, play ground and picnic area. Units include modern appliances, water and sewer included.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 685 Income Based
Two Bedrooms (2/1) 830 Income Based
Three Bedrooms (3/1.5) 1060 Income Based
Four Bedrooms (4/1.5) 1320 Income Based

Eligibility for Catawba Pines 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 Newton but actual income limits may differ for units at Catawba Pines Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $15,000 $19,720 $24,860 $30,000 $35,140 $40,280 $44,250 $47,100
50% $25,000 $28,550 $32,100 $35,650 $38,550 $41,400 $44,250 $47,100
80% $39,950 $45,650 $51,350 $57,050 $61,650 $66,200 $70,750 $75,350

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 Newton but actual income limits may differ for units at Catawba Pines Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,000 $28,550 $32,100 $35,650 $38,550 $41,400 $44,250 $47,100

Catawba Pines Apartments Details

  • 68 one, two, three and four bedroom units.
  • Garden
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 223
  • Section 8 New Construction
  • Section 221 (d) (3)

Property Amenities

  • Playground
  • Laundry Facilities
  • Smoke Free

Unit Amenities

  • Cable and Satellite TV
  • Refrigerator
  • Central Heat & Air
  • Stove

Office Hours

Day Hours
Monday 9:00am-5:00pm
Tuesday 9:00am-5:00pm
Wednesday 9:00am-5:00pm
Thursday 9:00am-5:00pm
Friday 9:00am-5:00pm
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.

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