Poyner Spring is a 42 unit Senior Property just off Fox Road near Triangle Town Center in Raleigh, NC. It is 3 stories with a secure locked entry, offering one bedroom one bath and two bedroom one bath apartment homes to individuals and households 55 years of age and older. We will have units set aside at or below 30%, 50%, and 60% of the area median income. On-site activities will include bingo, bible studies, monthly birthday celebrations and holiday gatherings. Very convenient location with tons of shopping and dining opportunities right around the corner.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 676 | Call for Price |
Two Bedrooms (2/1) | 915 | 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 Poyner Spring.
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.