Pine Crossing Apartments

605 Pineburr Avenue SW, Valdese, North Carolina 28690

Pine Crossing is an upcoming affordable apartment community that will be offering one, two, and three bedroom units. The property is projected to open in 2024.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	806	From $375 To $585
Two Bedroom (2/2)	1053	From $440 To $650
Three Bedroom (3/2)	1213	From $610 To $740

This property is currently under construction.

Eligibility for Pine Crossing Apartments

Pine Crossing Apartments Details

66 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Computer Lab
Community Room
Laundry Room
Gazebo
Picnic Area

Unit Amenities

Dishwasher
Washer and Dryer Hookup
Walk-in Closet(s)
Refrigerator
Extra Storage
Mini Blinds & Curtain Rods

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.