Wakefield Spring

2701 Wakefield Pines Dr. , Raleigh, North Carolina 27614

Wakefield Spring offers one and two bedroom apartment homes for individuals or households age 62 and older. Whether you enjoy relaxing outdoors or are always on the go, Wakefield Spring is the perfect home for you. Convenience is right around the corner with restaurants, shopping, and medical services just minutes from the community.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	660	Call for Price
2 Bedroom (2/1)	900	Call for Price

Eligibility for Wakefield Spring

Wakefield Spring Details

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

Property Amenities

Fitness Center
Computer Lab
Community Room
Library
On-Site Manager
24hr Emergency Maintenance
Laundry Facilities
Storage (in unit)

Unit Amenities

Dishwasher
Stove
Mini Blinds & Curtain Rods
Frost-Free Refrigerator

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.

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.