The Villas at Swannanoa

2255 US Hwy. 70, Swannanoa, North Carolina 28778

Contact The Villas at Swannanoa

The Villas at Swannanoa is an upcoming affordable community for residents 55 and over offering one and two bedroom units. This project is currently under construction.

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

This property is currently under construction.

Eligibility for The Villas at Swannanoa

The Villas at Swannanoa Details

60 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)

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.