Cateland Place is managed by The Michaels Organization.
A quaint community in a relaxing location Cateland Place has what you are looking for in a new home. Each home is equipped with private entrances, electric ranges, a dishwasher, and open concept floorplans. Unlike your original apartment homes, Cateland Place is designed to make your daily routines easier. Stop by today and see all Cateland Place has to offer!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | 800-830 | From $950 |
Three Bedroom (3/1.5) | 1018-1038 | From $1,050 |
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 Siler City but actual income limits may differ for units at Cateland Place.
AMI Band | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|
Very Low Income (50%) | $40,450 | $45,500 | $50,550 | $54,600 | $58,650 |
Low Income (60%) | $48,540 | $54,600 | $60,660 | $65,520 | $70,380 |
Day | Hours |
---|---|
Monday | 9:00am-6:00pm |
Tuesday | 9:00am-6:00pm |
Wednesday | 9:00am-6:00pm |
Thursday | 9:00am-6:00pm |
Friday | 9:00am-6:00pm |
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.