3 Beds, $1,034 - 1,238 Since the number of seniors that rent versus owning their housing has increased, it has had a profound impact on real estate. As of March 2023, the average apartment rent in Charlotte, NC is $1,640 for a studio, $1,525 for one bedroom, $2,118 for two bedrooms, and $1,994 for three bedrooms. North Carolina also requires a household member to be either a US citizen or a naturalized alien resident. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.Housing AuthorityProgramsInlivianSection 8 Housing Choice Voucher (HCV); Public Housing; Family Self-Sufficiency; Moving to Work; Section 8 Project-Based Voucher (PBV)Go to the The senior tenants will shoulder only a small part of the rent, which is usually about 30% of their Monthly Adjusted Income or MAI. Please enter a 5-digit zip code. This rental is accepting applications through Apartments.com. As part of the 28226 zip code area, it can provide senior living accommodations for North Carolina senior citizens who are searching for independent or assisted housing in Charlotte. The Terrace At Brightmore Of South Charlotte is a pet-friendly 55+ senior apartment facility located at 10225 Old Ardrey Kell Road, 28277 zip code in Mecklenburg county. There are 47 one-bedroom units and a two-bedroom manager's unit. Therefore, for seniors to be eligible for Section 202, the household's total income must be less than $18,845.10 per year. Our INLIVIAN is your INLIVIAN Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement. If you prefer, you can get all information about this facility by calling us at (866) 892-7533. Low Income (0) Luxury (0) Cheap (0) Keywords. Section 202, also known as the Affordable Senior Housing Program, expands HUD's Section 8 program with the additional provisions of supportive services for the elderly. It has capacity of 120 senior apartments. While the elderly resident will only pay a small, pre-determined portion of the actual rent, the government will pay the remainder of the rent to the housing provider so that they receive full market value for rent each month. Farm Lane Apartments Address: 5500 Farm Pond Lane, Charlotte, North Carolina, 28212 Telephone: 704-536-5643 Fax: 704-536-0550 Text: 704.486.5014 Manager: Brenda Ames Email: farmlane@wcsites.net Description Farm Lane Apartments has 120 units offering affordable 1 bedroom apartments for senior persons, age 62 and over. Currently, Charlotte, NC has 373 low-income apartments available to rent. Usually a senior only has to call a property they are interested in to go through the qualification process. Phone: 704-503-4866. While about two-thirds of the seniors own homes, nearly 21 million seniors rent. Designed for an independent lifestyle and active adults, our 1 and 2 bedroom apartment homes are ready to exceed each and every one of your needs. The CATS bus system provides convenient routes and schedules for most areas around Uptown. 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 Charlotte offers easy access to major interstates, a public transit line, and proximity to the Charlotte Douglas International Airport. Waltonwood At Providence is a 55 and over senior housing complex situated at 11945 Providence Road in Mecklenburg county and offers senior living in Charlotte, North Carolina. For real estate developers, the influx of seniors moving into Charlotte means more housing needs to be to be made available. Find out how to detect a scam and report a listing. While about two-thirds of the seniors own homes, nearly 21 million seniors rent. Rent Trends. If you are in search of a skilled nursing facility in Charlotte, explore Nursing Homes in Charlotte, NC that includes full list of all nursing homes. You are almost there. 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. Seniors that have limited incomes can also search for available options online through government websites such as HUD.gov. Please provide your real phone number. For seniors that can afford to pay a premium for a place to live, there are all kinds of resources and referral agents that will do the searching for them. Charlotte Square provides a total of 125 55+ senior apartments. Tagged as Charlottes got a lot by the community, this bustling urban oasis offers diversity, cultural experiences, and endless adventures. However, senior tenants with a greater need may be give more priority in getting a voucher if the need is determined to be more immediate. Rents in these units are capped at a maximum of 30% of the set-aside area median income . How Do I Find Low Income Senior Apartments in Charlotte? Eligibility requirements of having household incomes below specific percentages of the AMI are strictly followed for the unit the resident is applying for. So, if a senior resident finds a low income apartment in Charlotte that costs $800 per month, that senior may only have to pay $300 or $400 toward rent and the voucher will cover the rest. Read Also: Income Statement Cost Of Goods Sold. But more populated areas also come packaged with a higher cost of living, including monthly rent payments. Website (877) 480-7873. Manage Settings Subsidized Apartments HUD helps apartment owners offer reduced rents to low-income tenants. Many things in life are expensive, but finding a good place to live shouldnt be one of them. Therefore, for seniors to be eligible for Section 202, the household's total income must be less than $18,845.10 per year. Phone #: (877) 666-3231 46.61% of households who rent are overburdened in Charlotte. Northlake House is a 55 and older apartments community situated at 9108- Reames Road, 28216 zip code inside Mecklenburg County. No, I will pay all senior living costs myself. Overture Cotswold 55+ Active Adult Apartme Pet Friendly Senior Living in Charlotte,NC, Active Adult Senior Living in Charlotte,NC, Independent Senior Living in Charlotte,NC, Low Income Senior Living in Charlotte,NC. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). It lies within one mile of shopping, neighborhood services, Belmont Abbey Collage, churches and recreational facilities. We are ready to send you the information. For example, based on the available data, the AMI for Charlotte, NC, is $62,817.00. Queen City Assisted Living provides senior living in Charlotte, North Carolina. Seniors tend to have increasing medical expenses as they continue to grow old, which can cause a financial burden that must be considered when looking for affordable living options. Additional personal coverage can be purchased, but is not required. Great service, under New Management and they are willing to help and assist in anyway possible to make sure the patient is cared for properly. There are plenty of parking spaces available at each of the light rails stations. Charlotte Square is a senior apartment facility situated at 5820 Carmel Road, 28226 zip code. However, income classifications are dependent on the AMI of each area. Set a destination, transportation method, and your ideal commute time to see results. It can accommodate 77 senior citizens in total. Most of Charlotte's existing affordable rental options are large-scale, naturally occurring affordable housing. Honeycreek Senior Apartments is managed by The Franklin Johnston Group. Many of these seniors do not have the ability to purchase a home and many that can purchase wont because of the upkeep involved. Your golden years should be a time for enjoying life, not for worrying about where youre going to live. 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. 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. 4305 Sweethoney Cir, Charlotte , North Carolina 28227. 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. 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. 1 Bed. . Good News! You seem to have mistyped your email address extension. Select your school and find the perfect place nearby or on-campus. North Carolina Public Housing and Low-Income Apartments Waiting Lists page for openings near Charlotte. 2-3 Beds, $685 - 800 1-2 Beds, $660 - 730 This helps to incentivize developers of multifamily units to create low income living spaces for the elderly in and around Charlotte. 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. However, with the increase in the senior population comes a pretty big housing problem. 2 Beds, $862 - 1,405 If you prefer, you can get all information about this facility by calling us at (866) 892-7533. Applicants must be 62 years and older and must be classified as having a low income. 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. Charlotte, North Carolina 28262. The average cost for a senior apartment in Charlotte, NC is $1,416. Applicants must be 62 years and older and must be classified as having a low income. In Unit Washer & Dryer It includes a total of 30 senior apartment units. Verify the identity of a landlord BEFORE you complete an application to protect against identify theft. Charlotte is a city in Mecklenburg County, North Carolina with a population of 792,137. Fitness Center Avion Point Senior Living is managed by Gateway Management. You must save a search in order to receive alerts. Continue with Recommended Cookies. Atria Merrywood is a senior apartment facility situated at 3600 Park Road, 28209 zip code. Pool This program aims to give qualified housing developers incentives to build more affordable housing options for the increasing elderly population. The community owner has the choice of designating which units to set aside for seniors and which units to rent at full prices. Enjoy live performances, family-friendly events, local cuisine, and a vibrant nightlife scene. Fair Market Rents can be used to better understand the average housing costs of an area. Please correct it. Senior Apartments. This means that there will be one senior citizen for every 5 Americans. Act now and your $ purchase will include 9 additional FREE application submissions to participating properties. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. The community owner has the choice of designating which units to set aside for seniors and which units to rent at full prices. The nice thing about Section 202 apartments is that applying for the program is quite easy. 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. A professional and dedicated staff know how to make Honeycreek a place you can be proud to call home have fun and make new friends! Fitness Center Seniors that have limited incomes can also search for available options online through government websites such as HUD.gov. The rent seniors have to pay is usually determined by the resident's monthly adjusted income. Copyright 2023 SeniorGuidance.org. Low Income Senior Apartments in Charlotte, NC. 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. Atria Merrywood provides a total of 20 55+ senior apartments. Cindy Moore is also one of the hosts on Senioridy's YouTube Channel series "My Aging Parent" that delivers tips and advice for those seeking guidance for age-related issues. 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. Elmcroft Of Little Avenue is a retirement living community in 28226 zip code area, situated at 7745 Little Avenue in the Mecklenburg county. HUD contributes the rental subsidies directly to qualified landlords to supplement the rental payments. Therefore, community owners under the LIHTC program can designate different units and assign them to specific income brackets. How Do You Get It? By accepting you will be accessing a service provided by a third-party external to https://senioridy.com/, 2023 Senioridy LLC. The LIHTC program assigns income brackets by establishing the Area Median Income (AMI) for each area in the country and assigns income brackets, ranging from 30 to 80 percent, to specific housing units. Willow Ridge Assisted Living is a 55 and older residence for seniors located at 2140 Milton Road, 28215 zip code, belonging to the Mecklenburg area. Enjoy Charlotte living and the comfort of peaceful serenity in this community. Nursing & Convalescent Homes Rest Homes Social Service Organizations. It is expected that when the last of the generation of baby boomers reaches the age of 65, the senior population in the US will have reached 22 percent. If you have to get to and from the more outlying areas of the city, you might have a harder time finding public transportation. This rental is accepting applications through Apartments.com. Additional senior living options in Charlotte, North Carolina: If you are looking for assisted living options in Charlotte, see Assisted Living in Charlotte, NC that includes all assisted living communities. NEVER wire or send money using an app and only pay after you have verified they have a right to rent the unit! Charlotte Square offers Mecklenburg County residents looking for senior living near Charlotte, North Carolina multiple senior housing options. Seniors looking for luxury retirement options in Charlotte, North Carolina will find Mint Hill Senior Living as an excellent option. Dog & Cat Friendly The rent amount that has been assigned to the units income bracket will stay fixed for one year regardless of whether or not the household's income increases. Your golden years should be a time for enjoying life, not for worrying about where youre going to live. If you prefer, you can get all costs information by calling us at (866) 892-7533. If so, please see Dementia Care in Charlotte, NC and explore all memory care options for dementia and Alzheimer's disease. HUD contributes the rental subsidies directly to qualified landlords to supplement the rental payments. You are almost there. The average rent of a 1 bedroom rental in Charlotte, NC is $1,488. : (704) 334-0448 Fax: (704) 334-0335 cherrygardens@epmsites.com Download PDF Brochure Download Rental Application Cherry Gardens is tucked away on a quite street in the residential Cerry neighborhood. Each voucher is given directly to the qualified resident, giving them the option of relocating and choosing from any of the Charlotte low income senior housing communities that accept housing vouchers. Therefore, a senior resident who is looking for a Charlotte subsidized senior housing unit can probably find one under the LIHTC program. We would just like to know who and where to send it to. Seniors may also call a local Public Housing Authority for information on available housing options within the authoritys area of jurisdiction. Looking for senior housing can really be a challenge, especially if you are on a tight budget. Instead, the unit's rent is based on the size of the unit and the income bracket the unit is associated with. 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. My name is Kimberly and I will be assisting you today. Wouldnt you rather spend your time enjoying a good book poolside or spending time with friends and family? We will be in touch soon to provide you all the information. It provides a total of 90 senior apartment units. 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. Income Based Apartments in Charlotte, North Carolina Charlotte features 7,402 income based apartments. Cabs are also available, although this mode of transportation isn't the cheapest. It provides a total of 48 senior apartment units. The SouthPark area also features upscale boutiques and high-end restaurants, while NoDa, or the North Davidson area near Uptown, has several trendy shops that sell clothing, art, home decor and handmade jewelry. 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. Qualifying for low income senior apartments in Charlotte will differ based on the housing program applied for. North Carolina Section 8 Waiting Lists page, Poplar Grove Apartments (Formerly Booth Gardens), North Carolina Public Housing and Low-Income Apartments Waiting Lists page. 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. This area is considered a car-dependent area and most errands will require a car. If you prefer, you can get all costs information by calling us at (866) 892-7533. Therefore, seniors that choose a LIHTC program should expect to live in a community with a mixed age group. Seniors that have more flexibility in location can search for living options available in other cities that are nearby. It has a maximum capacity of 62 senior living apartments. Nevertheless, a senior tenant who wants to be eligible for low cost housing programs should meet the following criteria. Section 202, also known as the Affordable Senior Housing Program, expands HUDs Section 8 program with the additional provisions of supportive services for the elderly. Floor plans starting at $1850. See all 1 apartments in Glenwater at University Place, Charlotte, NC with utilities included currently available for rent. The rent that each household will pay will not be based on the household's Monthly Adjusted Income. The nice thing about Section 202 apartments is that applying for the program is quite easy. The Parc At Sharon Amity contains 64 apartments for older adults in total. Same Mission. Because there is such a high demand for the spaces and so few search platforms available, locating and securing low income senior housing in Charlotte, NC can be a time consuming process. Save your current search and get the latest updates on new listings matching your search criteria! By clicking the red button above, you agree to SeniorGuidance.org's Terms of Use, Privacy Policy and agreement to be contacted by us, or our partner providers, using a system that can auto-dial. Enjoy the benefits of community living with the added perks of living minutes away from downtown Charlotte. The maximum amount a voucher would pay on behalf of a low-income tenant in Charlotte, North Carolina for a two-bedroom apartment is between $1,200 and $1,466. Any criminal activity are grounds for a resident to be evicted from their unit, and this includes Charlotte Low Income Apartments for Senior Citizens. 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. There are 8,105 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Charlotte. It is important to carefully evaluate a unit to ensure that it is a safe option for a senior that may have physical challenges. Uptown is surrounded by a top-notch selection of local breweries, from Sugar Creek Brewing Company to the Olde Mecklenburg Brewery. Charlotte, North Carolina Call For Rent 1-3 BR Affordable View Apartment Poplar Grove Apartments (Formerly Booth Gardens) 421 N Poplar St Charlotte, North Carolina Income Based Studio-1 BR Rent Assisted 62+ View Apartment Fairmarket Plaza Apartments 6427 Plaza Rd Charlotte, North Carolina Call For Rent 1 BR Rent Assisted 62+ View Apartment Seniors looking for luxury retirement options in Charlotte, North Carolina will find Elmcroft Of Little Avenue as an excellent option. Fortunately, the Senioridy.com platform offers seniors that have low or fixed incomes a good place to search for and find low income senior housing options. Once youve found your new senior housing apartment at Apartments.com, all thats left to do is sit back, relax, and enjoy. Low cost senior housing properties are typically community-based apartments with reasonably-priced monthly rents made available for lower-income seniors. 1-2 Beds, $1,075 Corpyou NC. Welcome to Greenhaven Townhouses! Explore our listings to compare the amenities, floor plans, and services available at each residence. Housing Consultants & Referral Service. Set a destination, transportation method, and your ideal commute time to see results. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. The education and community programs planned will create opportunity for neighbors to engage in a broader community revitalization. Affordable Housing programs support 2 apartment communities in Cornelius. It provides a total of 120 senior apartment units. 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. Preston House contains 40 apartments for older adults in total. You seem to have mistyped your email address extension. Sourced from federal housing data and AffordableHousingOnline.com research. For Charlotte, the AMI is calculated from all households within Mecklenburg County. . Another component of Section 202 is to subsidize rents for the elderly tenants who live in a Section 202 property. Brookdale Carriage Club Providence Ii can accommodate up to 34 senior citizens in total. Enjoy live performances, family-friendly events, local cuisine, and a vibrant nightlife scene. 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. Thanks to its spread-out layout, Charlotte is more of a driving city than one that relies on public transportation. Unlike other subsidized housing programs, the voucher goes to the renter and not to the housing property owners. Why Are Aging Adults Moving to Charlotte, NC? If you prefer, you can get all costs information by calling us at (866) 892-7533. 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. Affordable Housing programs support 5 apartment communities in Huntersville. She is passionate about providing information to Seniors and their Adult Caregivers to help make the journey to finding the information and resources that they need easier for them. Charlotte is a major economic hub that houses numerous corporate headquarters, including nine Fortune 500 companies. The senior tenants will shoulder only a small part of the rent, which is usually about 30% of their Monthly Adjusted Income or MAI. Carmel Hills offers multiple apartment options for the elderly in Charlotte, NC, including studio and 1 bedroom. Or sign in if you already have an account. The Parc At Sharon Amity offers North Carolina seniors looking for Mecklenburg County area apartments multiple housing options. Northlake House provides senior living in Charlotte, North Carolina. Dog & Cat Friendly North Carolina also requires a household member to be either a US citizen or a naturalized alien resident. Tenants that are found to be ineligible for Section 202 program can reapply after three years. Catch a live concert at the Fillmore Charlotte, explore the NASCAR Hall of Fame, catch a game at NBAs Spectrum Theater, explore Discovery Place Science, or ride the rollercoasters at Carowinds. Nevertheless, a senior tenant who wants to be eligible for low cost housing programs should meet the following criteria. This means the unit is not subsidized by the government or restricted to certain income levels. So, if a senior resident finds a low income apartment in Charlotte that costs $800 per month, that senior may only have to pay $300 or $400 toward rent and the voucher will cover the rest. Select your school and find the perfect place nearby or on-campus. Overture Chapel Hill 55+ Active Adult Apar Overture Cotswold 55+ Active Adult Apartme enter move in date in the format: 2 digit month / 2 digit day / 4 digit year. (2) BBB Rating: A+. 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. Another component of Section 202 is to subsidize rents for the elderly tenants who live in a Section 202 property. The broader Renaissance redevelopment initiative hopes to make a greater impact beyond the physical footprint of the redevelopment site. . Beyond the high-rises of the central business district and lively entertainment venues, Charlottes landscape features a mix of picturesque homes, historic buildings, luxury apartments, and lush greenery. But for Low Income seniors, that simply is not the case. Shads Landing Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement. Good News! The Crossings At Steele Creek is a 55 and older apartments community situated at 13600 S. Tryon Street, 28278 zip code inside Mecklenburg County. Low cost senior housing is usually a result of a collaboration between the government and qualified housing providers. 1-4 Beds, $1,050 - 1,372 Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). For example, based on the available data, the AMI for Charlotte, NC, is $62,817.00. While there are numerous programs and millions of units on the market specifically for low income seniors, finding those units can be challenging. To apply, contact or visit the management office of each apartment building that interests you. In addition, seniors applying should not have a criminal record. Youve worked hard to get where you are. Could you please enter your email address, so that we know where to send you all the information? 2-3 Beds, Call for Rent The Residence at Renaissance offers two and three bedroom townhome units and one, two, and three bedroom apartments units. Act now and your $ purchase will include 9 additional FREE application submissions to participating properties. 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. You can find senior living apartments available to rent in several Charlotte, NC neighborhoods, including South End , Uptown Charlotte , and South Park . Affordable Housing programs support 2 apartment communities in Pineville. This burden can seriously limit the amount that seniors can afford for rent payments. Your Name (required) Your Email (required) Your Phone (required) Subject. 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. There are no open Section 8 Housing Choice Voucher waiting lists in Charlotte. Catch a live concert at the Fillmore Charlotte, explore the NASCAR Hall of Fame, catch a game at NBAs Spectrum Theater, explore Discovery Place Science, or ride the rollercoasters at Carowinds. The function of the Service Coordinator is to help the senior resident find services and programs to help supplement the seniors care needs. Are you also interested in learning about long-term care insurance and how it can cover all senior living costs? 1-2 Beds, Showing 25 of 32 Results - On top of that, Charlotte is attracting an influx of seniors because the medical costs in Charlotte are 5% lower than the national average. In many areas of the country, especially those areas that have a high population of lower income families, enrollment only opens every three of four years and then only for a month or so when it does open.

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