AffordableHousingOnline

Quail Hollow II

1005 Quail Hollow Dr, Warsaw, North Carolina 28398

Quail Hollow II   Apartments are located across from the elementary school, behind Quail Hollow Apartments I.  We are newly renovated with energy efficient windows, heat pumps,stoves, refrigerators and hook–up for washer and dryer.  We have a nice tot lot/playground located on the property. We offer one and two bedroom apartments with one bath and two bedroom town homes with one and half bathrooms.  Each apartment includes the water, sewer and trash in the rent and has an exterior storage unit on the patio. We offer on–site management and 24 hour maintenance.  We are professionally managemed by WAJ Management, LLC

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

Eligibility for Quail Hollow II

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 Warsaw but actual income limits may differ for units at Quail Hollow II.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $24,250 $27,700 $31,150 $34,600
Low Income (60%) $29,100 $33,240 $37,380 $41,520

Quail Hollow II Details

  • 35 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 521 USDA Rental Assistance
  • Section 515 Rural Rental Housing

Property Amenities

  • Playground
  • 24 Hour Maintenance

Unit Amenities

  • Refrigerator
  • Electric Range
  • Full-Size Washer & Dryer Connections
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.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.