Meadowcreek Commons is managed by Community Management Corporation.
Meadowcreek Commons is a community designed for independent seniors age 55 years and better. Residents will love our convenient location in Raleigh, with easy access to Wake Medical Center, The Shoppes at Pine Hill anchored by Kroger, restaurants, as well as many other services including the YWCA Senior Programs. We also offer many amenities on the property, including a community room with kitchen, computer room with free high-speed internet access, laundry facilities, a beauty salon, and planned social activities.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Call for Price |
2 Bedroom (2/1) | - | Call for Price |
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 Raleigh but actual income limits may differ for units at Meadowcreek Commons.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $39,700 | $45,350 | $51,000 | $56,650 |
Low Income (60%) | $47,640 | $54,420 | $61,200 | $67,980 |
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.