Ripley Station

3030 Ripley Station Way, Raleigh, North Carolina 27610

Contact Ripley Station

Ripley Station is an apartment community conveniently located near Wake Medical Center off of New Bern Avenue in Raleigh. The community features two- and three-bedroom floor plans ranging from 800 to 1,000 sq. ft.

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/1)	-	Call for Price
3 Bedroom (3/1)	-	Call for Price

Eligibility for Ripley Station

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 Ripley Station.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$39,700	$45,350	$51,000	$56,650	$61,200	$65,750
Low Income (60%)	$47,640	$54,420	$61,200	$67,980	$73,440	$78,900

Ripley Station Details

48 two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
Community Room
On-Site Manager
Laundry Room
Grilling Area
Picnic Area

Unit Amenities

Washer and Dryer Hookup
Refrigerator
Mini Blinds & Curtain Rods
Private Patios
Electric Range
Outside Storage Closets

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.