Applegate Village Apartments

2601 Applegate Way, Sanford, North Carolina 27332

Contact Applegate Village Apartments

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

Eligibility for Applegate Village Apartments

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 Sanford but actual income limits may differ for units at Applegate Village Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$24,700	$28,200	$31,750	$35,250
Low Income (60%)	$29,640	$33,840	$38,100	$42,300

Applegate Village Apartments Details

21 two bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

24hr Emergency Maintenance
Off-Street Parking

Unit Amenities

Cable Ready
Window Coverings
Refrigerator

Nearby Amenities

Close to Dining
Close to Shopping
Near Schools

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.