Cypress Cove Apartments

331 S. Turners Run, Wilmington, North Carolina 28405

Cypress Cove is an affordable apartment community offering one, two, and three bedroom units for residents making less than 60% AMI. Contact their management office for more information.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	676	Call for Price
2 Bedroom (2/1)	905	Call for Price
3 Bedroom (3/2)	1134	Call for Price

Eligibility for Cypress Cove 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 Wilmington but actual income limits may differ for units at Cypress Cove Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Low Income (60%)	$37,920	$43,320	$48,720	$54,120	$58,500	$62,820

Cypress Cove Apartments Details

200 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Fitness Center
Playground
BBQ and Picnic Area
Community Room
On-Site Manager
Gazebo
On-Site Laundry

Unit Amenities

Washer and Dryer Hookup
Water Trash and Sewer Included
Energy Efficient Appliances

Office Hours

Day	Hours
Monday	9:00am-12:00pm , 1:00pm-4:00pm
Monday	9:00am-12:00pm , 1:00pm-4:00pm
Tuesday	9:00am-12:00pm , 1:00pm-4:00pm
Tuesday	9:00am-12:00pm , 1:00pm-4:00pm
Wednesday	9:00am-12:00pm , 1:00pm-4:00pm
Wednesday	9:00am-12:00pm , 1:00pm-4:00pm
Thursday	9:00am-12:00pm , 1:00pm-4:00pm
Thursday	9:00am-12:00pm , 1:00pm-4:00pm
Friday	9:00am-12:00pm , 1:00pm-4:00pm
Friday	9:00am-12:00pm , 1:00pm-4:00pm

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.