Water Garden Park

8109 Marvino Ln, Raleigh, North Carolina 27613

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Water Garden Park is managed by DHIC .

Northwest Raleigh’s newest age-restricted, affordable apartment community located in a beautiful suburban setting. An unbeatable location just 5 minutes from Brier Creek, Crabtree Valley Mall and I-540. These condominium-inspired apartments offer plenty of community gathering spaces. Enjoy amenities such as a resort-like swimming pool, picnic area with grill and outdoor shuffleboard court, plus shaded patios throughout.

 

managed by DHIC

Eligibility for Water Garden Park

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 Water Garden Park.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $39,700 $45,350 $51,000 $56,650 $61,200 $65,750 $70,250 $74,800
Low Income (60%) $47,640 $54,420 $61,200 $67,980 $73,440 $78,900 $84,300 $89,760

Water Garden Park Details

  • 88 bedroom units.
  • HOME Investment Partnerships Program

Property Amenities

  • Elevator
  • Fitness Center
  • Community Room
  • Business Center
  • Pool
  • Grilling Area
  • Laundry Facilities
  • Shuffle Board Table
  • Resident Lounge
  • Community Kitchen

Unit Amenities

  • Ceiling Fan(s)
  • Blinds

Office Hours

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

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