Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. 2 Beds, $862 - 1,405 Once youve found your new senior housing apartment at Apartments.com, all thats left to do is sit back, relax, and enjoy. North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Charlotte. In Charlotte, a household making less than $3,087 a month would be considered overburdened when renting an apartment at or above the median rent. Charlotte Wheelchair Accessible Apartments. Avion Point Senior Living is managed by Gateway Management. One of the cities that has seen the rise of senior migration is Charlotte, NC. Looking for senior housing can really be a challenge, especially if you are on a tight budget. OFFICE HOURS: Monday to Friday: 9am-5pm Saturday: Closed . It can accommodate 119 senior citizens in total. There are plenty of parking spaces available at each of the light rails stations. Many of these seniors do not have the ability to purchase a home and many that can purchase wont because of the upkeep involved. Another component of Section 202 is to subsidize rents for the elderly tenants who live in a Section 202 property. Dog & Cat Friendly Northlake House is a 55 and older apartments community situated at 9108- Reames Road, 28216 zip code inside Mecklenburg County. Wouldnt you rather spend your time enjoying a good book poolside or spending time with friends and family? The NASCAR Hall of Fame is a popular destination for race fans, The Carowinds Intimidator is one of the country's tallest steel roller coasters, The Duke Energy Center is one of the nation's tallest buildings. Charlotte, NC Apartments up to $1500 Senior Choose Your Rental Cheap Senior Apartments in Charlotte, NC from $300 (6 Apartments for Rent) University Square +55 Senior Tax Credit 1715 Hedgelawn Dr Charlotte, NC 28262 from $1,034 1 to 2 Bedroom Apartments Contact Us For Availability Senior Living (980) 825-4134 check availability This rental is accepting applications through Apartments.com. There are 11 independent living communities to choose from in the Charlotte area. Compare floor plans, amenities, and photos to find the best Apartments for you. This area is considered a car-dependent area and most errands will require a car. Therefore, community owners under the LIHTC program can designate different units and assign them to specific income brackets. For example, based on the available data, the AMI for Charlotte, NC, is $62,817.00. Floor plans starting at $1850. Check availability now! 2-3 Beds, $750 - 1,100 The property owners will set the number and type of units that are available for senior-only tenants and tenants applying for these units typically must be at least 55 years of age or older. However, program applicants should understand that a community that accepts LIHTC residents is not necessarily exclusive to seniors. But for Low Income seniors, that simply is not the case. Please correct it. Housing costs have outpaced household income increases 2.) Atria Merrywood is a senior apartment facility situated at 3600 Park Road, 28209 zip code. The nice thing about Section 202 apartments is that applying for the program is quite easy. Walk-In Closets, $995 - 1,145 Honeycreek Senior Apartments is managed by The Franklin Johnston Group. For example, housing programs that are offered only to senior tenants will have more stringent eligibility requirements. In North Carolina, the definition of low income is when a households total income is below 30% of the AMI of the state. Enjoy the comfort and convenience of a new home at Honeycreek. Your consent is not required to use the service. There are no open Section 8 Housing Choice Voucher waiting lists in Charlotte. It provides a total of 120 senior apartment units. So, if fair market value for a rental unit would be $900, the senior only pays a small portion of that rent while the federal government pays the property owner the rest. Charlotte Square offers Mecklenburg County residents looking for senior living near Charlotte, North Carolina multiple senior housing options. Manage Settings A professional and dedicated staff know how to make Honeycreek a place you can be . Greenhaven Townhouses is ideally situated to give you easy access to the best of what the area has to offer. It includes a total of 61 senior apartment units. In North Carolina, the definition of low income is when a household's total income is below 30% of the AMI of the state. SeniorGuidance.org provides comprehensive resources on various senior living options, including: assisted living facilities, senior living communities, nursing homes, independent living communities, continuing care retirement communities (CCRC) and all other long term senior care options, including memory care such as Alzheimer's or Dementia. About Search Results. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. Could you please let us know your last name so we can send all the information to you? Fitness Center If a unit is set aside for a household that lives in the very low income range, the rent will be set at a fixed amount for that income bracket according to income levels specific to Charlotte, NC and the resident applying must not exceed that brackets income level. With the Section 8 program, the voucher goes where the tenant goes allowing the elderly to select the best property available for their needs. If you have to get to and from the more outlying areas of the city, you might have a harder time finding public transportation. Seize the opportunity to experience redefined senior living at Avion Point Senior Apartments. Property Type: Senior; Units: 40; Mercy Plan Belmont is an independent living apartment complex for low-income seniors. While about two-thirds of the seniors own homes, nearly 21 million seniors rent. You seem to have mistyped your email address extension. In Unit Washer & Dryer If you or a loved one is an aging adult that is searching for a low income place to live in Charlotte, read on through the following sections to find out more information: There has been a steady increase in the need for Charlotte low income senior living apartments within the city and surrounding suburbs. As of March 2023, the average apartment rent in Charlotte, NC is $1,397 for a studio, $1,416 for one bedroom, $1,588 for two bedrooms, and $1,819 for three bedrooms. 2-3 Beds, Call for Rent Cabs are also available, although this mode of transportation isn't the cheapest. The third component of HUDs Section 202 Program is that senior residents in Charlotte can usually benefit from an on-location Service Coordinator. Apply to multiple properties within minutes. Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement. Charlotte, NC 28205. Save your current search and get the latest updates on new listings matching your search criteria! . It has capacity of 82 senior citizens. Your message (optional) SEND. To determine the authenticity of the application, PHA staff will interview applicants and look for legal documents proving the applicants identity, banking information, source of income, age, and any other pertinent background information. If you prefer, you can get all costs information by calling us at (866) 892-7533. We are ready to send you the information. Set a destination, transportation method, and your ideal commute time to see results. As of March 2023, the average apartment rent in Commonwealth is $1,617 for a studio, $1,781 for one bedroom, $2,420 for two bedrooms, and $2,997 for three bedrooms. Sourced from federal housing data and AffordableHousingOnline.com research. Check out photos and find out information about neighborhoods, schools, nearby public transit, and more by clicking on any of these 373 Charlotte income restricted apartments. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households. Seven key trends are shaping the need for affordable housing in Charlotte. Locals frequent Uptown Charlotte for its local attractions, nightlife spots, and abundant shopping. Parker Terrace is a 55 and over senior housing complex situated at 3800 Shamrock Drive in Mecklenburg county and offers senior living in Charlotte, North Carolina. Seniors that have more flexibility in location can search for living options available in other cities that are nearby. There are a great number of seniors that have retired and depend on a single fixed income so affordability is of great concern to them. Low cost senior housing properties are typically community-based apartments with reasonably-priced monthly rents made available for lower-income seniors. Please enter your first name. Charlotte features 7,402 income based apartments. Charlotte is not the only city that is seeing an influx of its senior population. 506 Avant Street Charlotte, NC 28204 Tel. Summit Place Of Southpark is a 55 and over senior housing complex situated at 2101 Runnymede Lane in Mecklenburg county and offers senior living in Charlotte, North Carolina. Apartment rent in Charlotte has increased by 2.2% in the past year. If you prefer, you can get all costs information by calling us at (866) 892-7533. The city of Charlotte has earned its spot on countless Best Places to Live lists for its seemingly endless entertainment options. We are located a short distance from Romare Bearden Park, BB& T Ballpark, Rays Splash Planet, Carolina Panthers Football , PNC Music Pavilion, Epicentre Sports & Entertainment Complex, and NC Music Factory Pavilion all just 2-7 minute drive or 5-15 minute walk. Save your current search and get the latest updates on new listings matching your search criteria! The rent seniors have to pay is usually determined by the residents monthly adjusted income. It can accommodate 50 senior citizens in total. The city of Charlotte has earned its spot on countless Best Places to Live lists for its seemingly endless entertainment options. 1 Bed. Locals frequent Uptown Charlotte for its local attractions, nightlife spots, and abundant shopping. The Laurels In Highland Creek provides a total of 105 55+ senior apartments. The consent submitted will only be used for data processing originating from this website. This burden can seriously limit the amount that seniors can afford for rent payments. Instead, the rent for a LIHTC unit is based on the number of bedrooms and the income bracket designated to the unit. Brookdale Cotswold provides housing for senior citizens in Charlotte, NC. Any criminal activity are grounds for a resident to be evicted from their unit, and this includes Charlotte Low Income Apartments for Senior Citizens. If so, please see Dementia Care in Charlotte, NC and explore all memory care options for dementia and Alzheimer's disease. Windermere Seven Lakes Country Club Houses. As of March 2023, the average apartment rent in Charlotte, NC is $1,469 for a studio, $1,436 for one bedroom, $1,681 for two bedrooms, and $1,982 for three bedrooms. 4830 Randolph Rd, Charlotte, NC 28211 $1,945 1 Bed (980) 270-1422 Springbrook Apartments 515 Springbrook Dr, Kernersville, NC 27284 $973 - 1,323 1-3 Beds (336) 920-7460 University Square +55 Senior Tax Credit 1715 Hedgelawn Dr Charlotte, NC 28262 $1,034 - 1,238 1-2 Beds Villas At Forest Park 300 S Little Texas Rd Kannapolis, NC 28083 Copyright 2023 SeniorGuidance.org. How Do You Get It? Seniors that have limited incomes can also search for available options online through government websites such as HUD.gov. Known as the Queen City, Charlotte is North Carolinas busiest city with over 800,000 residents. It provides a total of 90 senior apartment units. Brighton Gardens Of Charlotte can accommodate up to 125 senior citizens in total. Property owners in Charlotte who wish to join the housing voucher program should have properties that meet the public housing authority's health and safety standards. As a result, Charlotte is a great city to live in for seniors because of more affordable medical costs and easy access to senior health care facilities. North Carolina also requires a household member to be either a US citizen or a naturalized alien resident. If you or a loved one is an aging adult that is searching for a low income place to live in Charlotte, read on through the following sections to find out more information: There has been a steady increase in the need for Charlotte low income senior living apartments within the city and surrounding suburbs. Holiday Carmel Place 5512 Carmel Rd, Charlotte, NC, 28226 Independent Living Call for Pricing (866) 882-3746 View Details 2. Her advice has been sought and published on several national media websites, including the U.S. News and Quicken Loans websites. While there are numerous programs and millions of units on the market specifically for low income seniors, finding those units can be challenging. If you prefer, you can get all costs information by calling us at (866) 892-7533. This program aims to give qualified housing developers incentives to build more affordable housing options for the increasing elderly population. However, the PHA will only release a notice of enrollment if it assesses that there are enough units available and has a very low waitlist. The Crossings At Steele Creek is a 55 and older apartments community situated at 13600 S. Tryon Street, 28278 zip code inside Mecklenburg County. 1. Rent Trends. The Laurels In Highland Creek is a senior apartment facility situated at 6101 Clarke Creek Parkway, 28269 zip code. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. Households must earn either less than 50% or 60% of the area median income to qualify for these units. Usually a senior only has to call a property they are interested in to go through the qualification process. As a seniors medical needs rise and their capabilities diminish, seniors tend to move into more populated areas that have better supporting services and medical providers. Welcome to Greenhaven Townhouses! The NASCAR Hall of Fame is a popular destination for race fans, The Carowinds Intimidator is one of the country's tallest steel roller coasters, The Duke Energy Center is one of the nation's tallest buildings. Atria Merrywood provides a total of 20 55+ senior apartments. Please provide your real phone number. Phone #: (877) 666-3231 On average, Section 8 Housing Choice vouchers pay Charlotte landlords $700 per month towards rent. This means that there will be one senior citizen for every 5 Americans. Brookdale Carriage Club Providence Ii is a senior living community situated at 5816 Old Providence Road, inside 28226 zip code in the Mecklenburg county. Charlotte offers easy access to major interstates, a public transit line, and proximity to the Charlotte Douglas International Airport. We want to be able to answer any questions you may have. There are 8,105 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Charlotte. 2002-2023 ApartmentSmart.com, Inc.Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs. Enjoy live performances, family-friendly events, local cuisine, and a vibrant nightlife scene. As a seniors medical needs rise and their capabilities diminish, seniors tend to move into more populated areas that have better supporting services and medical providers. The main purpose of low cost senior housing is to allow the elderly to have enough money left to pay for other monthly expenses such as medication, grocery and other things like durable medical equipment. In addition, this section provides non-profit community housing developers the ability to apply for extremely low-rate senior apartment development loans from the federal government. In Charlotte, HUD calculates the Area Median Income for a family of four as $96,300. The Low Income Housing Tax Credit or LIHTC is a tax credit program that gives non-profit and for-profit housing developers tax credits in exchange for allocating a portion of their development units for low income residents and for low income senior resident. Avion Point Senior Living | Charlotte, NC Low Income Apartments Avion Point Senior Living 2340 Apex Landing Way, Charlotte , North Carolina 28217 You've worked hard to get where you are. 1-5 Beds, $1,060 Seniors that have more flexibility in location can search for living options available in other cities that are nearby. Therefore, a senior resident who is looking for a Charlotte subsidized senior housing unit can probably find one under the LIHTC program. HUD contributes the rental subsidies directly to qualified landlords to supplement the rental payments. You'll likely want a car when living in this area since it has few transit options. The LYNX Light Rail System offers a quick way to get to Uptown and back without having to worry about dealing with traffic and finding a parking spot in the heart of the city. Continue with Recommended Cookies. One of the eligibility requirements for a housing choice voucher is to have a household income less than 50 percent of the area's mean income (AMI) within that area, so senior tenants must make less than 50%. Charlotte, NC 28227. All residents of Charlotte Spring are encouraged to get $100,000 coverage in liability insurance. View affordable apartments and waiting lists in cities near Charlotte, Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Walk-In Closets Here are the 32 best senior living apartments in or near Charlotte, NC. In addition, this section provides non-profit community housing developers the ability to apply for extremely low-rate senior apartment development loans from the federal government. . The LIHTC program is the most federally funded housing program in the United States, representing approximately 90% of all low income housing units available in the US. Website Designed & Developed by Moore Tech Solutions, Inc. Durham, North Carolina Fixed Income Senior Housing, Finding Affordable Senior Housing in Mobile, Alabama, Orlando, Florida Low Income Senior Apartments. Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. The senior tenants will shoulder only a small part of the rent, which is usually about 30% of their Monthly Adjusted Income or MAI. Act now and your $ purchase will include 9 additional FREE application submissions to participating properties. Seniors looking for luxury retirement options in Charlotte, North Carolina will find Waltonwood Cotswold as an excellent option. Brighton Gardens Of Charlotte offers multiple apartment options for the elderly in Charlotte, NC, including studio and 1 bedroom. Senioridy is an online search platform that is free to use, requires no sign up and it allows seniors and their loved ones to search for whatever type of unit they need. Waltonwood Cotswold is a retirement living community in 28211 zip code area, situated at 5215 Randolph Road in the Mecklenburg county. See complete list of 55+ senior housing in Charlotte, North Carolina and nearby: The Little Flower Assisted Living is a senior living facility located at 8700 Lawyers Road, inside 28227 zip code in Mecklenburg county and offers senior housing in Charlotte, North Carolina. Find your new home at 2223 Latimer Ln located at 2223 Latimer Ln, Charlotte, NC 28214. Once your application is approved, you will automatically be invited to us Updater via email address you provided us. in the palm of your hand throughout your rental journey. The CATS bus system provides convenient routes and schedules for most areas around Uptown. It includes a total of 122 senior apartment units. The average rent of a 3 bedroom rental in Charlotte, NC is $1,881. Cities, like Charlotte, with higher populations tend to quickly run out of housing units to offer because of the popularity of the services and amenities that are available in the area. 1-2 Beds, $1,075 Likewise, senior living search websites such as Senioridy.com can help older adults find affordable housing options in and around the Charlotte area. Unlike other subsidized housing programs, the voucher goes to the renter and not to the housing property owners. Large shopping plazas featuring a mix of big-name department stores and restaurants and smaller, independently owned shops and eateries include RiverGate in southwestern Charlotte, the Arboretum in south Charlotte and the more centrally located Park Road Shopping Center, Carolina Pavilion and Cotswold Village Shops. Rental assistance is a type of housing subsidy that pays for a portion of a renters monthly housing costs, including rent and tenant paid utilities. Apply to multiple properties within minutes.