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Atria Merrywood provides a total of 20 55+ senior apartments. This means that there will be one senior citizen for every 5 Americans. The nice thing about Section 202 apartments is that applying for the program is quite easy. 227 W 4th St. Charlotte, NC 28202. Malls in the area include the upscale SouthPark Mall and the more affordable Carolina Place Mall in south Charlotte and the Northlake Mall in northwestern Charlotte. Cabs are also available, although this mode of transportation isn't the cheapest. Close to Shopping Restaurants Entertainment! The Renaissance is located on the bus line and is only minutes away from Interstate 85, Interstate 77 and Uptown. Same Mission. In Charlotte, HUD calculates the Area Median Income for a family of four as $96,300. The average rent of a 4 bedroom rental in Charlotte, NC is $2,245. In addition, there is an increase in the movement of senior adults into secondary cities to be near establishments and health care facilities to meet their daily needs. New low-income housing complex opening in east Charlotte, rent starts at $500 per month, Charlotte-based company helps seniors pay housing costs, Low Income Apartments No Waiting List Tampa Fl, How To Calculate The Debt To Income Ratio, How Much Income Tax Will I Pay On $25 000, Qualifying for low income senior apartments in Charlotte, find affordable housing options in and around the Charlotte area, Indianapolis Zoo Discounts For Low Income. The education and community programs planned will create opportunity for neighbors to engage in a broader community revitalization. The LIHTC program is different from the other programs because its rent is not based on an elderly adult's income. If you prefer, you can get all costs information by calling us at (866) 892-7533. It includes a total of 30 senior apartment units. You might be able to find places to ride your bike in this area, but youll most likely want your car for most errands. In Unit Washer & Dryer HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. One- and two-bedroom ground-level units private covered front entries and rear patios on busline and only minutes to shopping, restaurants, religious and medical facilities. The rent seniors have to pay is usually determined by the resident's monthly adjusted income. Charlotte Square is a senior apartment facility situated at 5820 Carmel Road, 28226 zip code. Most of Charlotte's existing affordable rental options are large-scale, naturally occurring affordable housing. Are you also interested in learning about long-term care insurance and how it can cover all senior living costs? Charlotte Square offers Mecklenburg County residents looking for senior living near Charlotte, North Carolina multiple senior housing options. Please correct it. Charlotte is not the only city that is seeing an influx of its senior population. Good News! Sponsored Links. 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. 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. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Queen City Assisted Living is a 55 and older apartments community situated at 1700 Montana Drive, 28216 zip code inside Mecklenburg County. 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. 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. The rent seniors have to pay is usually determined by the residents monthly adjusted income. Keyword search, separate by commas. Many of these seniors do not have the ability to purchase a home and many that can purchase wont because of the upkeep involved. Charlotte, NC 28227. Senior Apartments for Rent in Concord NC - 950 Rentals | Apartments.com Concord Start your engines - we're off to Concord! However, with the increase in the senior population comes a pretty big housing problem. For example, housing programs that are offered only to senior tenants will have more stringent eligibility requirements. Regency At Pineville is a senior living community located at 9120 Willow Ridge Drive in Mecklenburg County. If you prefer, you can get all information about this facility by calling us at (866) 892-7533. If you prefer, you can get all costs information by calling us at (866) 892-7533. If a senior performs a search for Charlotte low income senior living near me on a search engine they can expand their search radius of the results presented to see a list of other options available outside of Charlotte city center. Let Apartments.com help you find the perfect senior housing apartment 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. It has capacity of 60 senior citizens. There are plenty of parking spaces available at each of the light rails stations. This program aims to give qualified housing developers incentives to build more affordable housing options for the increasing elderly population. It can accommodate 77 senior citizens in total. . Usually a senior only has to call a property they are interested in to go through the qualification process. 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. 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. Save your current search and get the latest updates on new listings matching your search criteria! So, seniors moving into an area with an increasing population may find it necessary to hunt for low cost senior housing in Charlotte. 1121 Hawthorne Ln. Senior adults who live in an area with overlapping counties should call the housing authority of each county for information about low income senior housing within each specific county. While about two-thirds of the seniors own homes, nearly 21 million seniors rent. 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. 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. This helps to incentivize developers of multifamily units to create low income living spaces for the elderly in and around Charlotte. Page 1 of 2. Elevator, $1,034 - 1,238 Likewise, Charlotte is filled with facilities, magnet hospitals, and fitness centers that cater to the senior population. Non-alphanumeric character is not allowed. Email me listings and apartment related info. Low cost senior housing is usually a result of a collaboration between the government and qualified housing providers. Elderly tenants who want to qualify for a housing choice voucher should enroll with the area's Public Housing Authority. 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. The average rent of a 3 bedroom rental in Charlotte, NC is $1,881. Nursing & Convalescent Homes Rest Homes Social Service Organizations. Check rates, compare amenities and find your next rental on Apartments.com. 2 Beds, $862 - 1,405 Low cost senior housing properties are typically community-based apartments with reasonably-priced monthly rents made available for lower-income seniors. Senior Apartments. Charlotte Square provides a total of 125 55+ senior apartments. Another component of Section 202 is to subsidize rents for the elderly tenants who live in a Section 202 property. Charlotte is a major economic hub that houses numerous corporate headquarters, including nine Fortune 500 companies. 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. 1-2 Beds, $930 - 1,572 This helps to incentivize developers of multifamily units to create low income living spaces for the elderly in and around Charlotte. 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. The average price range for low-income apartments in Charlotte, NC is between $1,525 and $2,118. On top of that, Charlotte is attracting an influx of seniors because the medical costs in Charlotte are 5% lower than the national average. Still, the city does offer options for those who need to get from their Charlotte apartment to work or to head Uptown to see the latest show at Ovens Auditorium or watch the Panthers play at Bank of America Stadium. This bracketing system means that a household that falls within a higher income bracket can choose only units they qualify for or choose to pay the fair market rental value for a unit that is in a lower bracket. 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. Walk-In Closets Youve worked hard to get where you are. 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. 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. Low Income Apartments in Charlotte, NC Income Restricted 3 days ago Contact for Availability Flats at 2109 2112 Ashley Rd, Charlotte, NC 28208 1 Bed1 Bath Contact for Price 1 Floor Plan 2 Beds2 Baths Contact for Price 1 Floor Plan 3 Beds2 Baths Contact for Price 1 Floor Plan (704) 879-2204 Check Availability Perfect Match Income Restricted Cabs are also available, although this mode of transportation isn't the cheapest. North Carolina also requires a household member to be either a US citizen or a naturalized alien resident. 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. For example, based on the available data, the AMI for Charlotte, NC, is $62,817.00. 6023 Tindall Park Dr, Charlotte, NC 28210, 6805 Walnut Branch Rd, Charlotte, NC 28277, 6930 Prosperity Rd, Huntersville, NC 28078. Applicants must be 62 years and older and must be classified as having a low income. This rental is accepting applications through Apartments.com. 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! Therefore, seniors that choose a LIHTC program should expect to live in a community with a mixed age group. Low Income Housing Apartments In Charlotte Nc Sharon Manor Homes Affordable Apartments for Seniors 4703 N Sharon AmitCharlotte, NC - 28205 Section 8 approved units:39 The fair market rate for 2 bedroom apartments in this area is: $793 Amen Section 8 1005 West Trade StCharlotte, NC - 28202 3327 N. Davidson SCharlotte, NC - 28205 Just click on any of these 107 senior housing apartments near Charlotte, NC to view photos and floor plans, plus find out verified information about neighborhoods, amenities, services, community activities and more. Apply to multiple properties within minutes. 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. By accepting you will be accessing a service provided by a third-party external to https://senioridy.com/, 2023 Senioridy LLC. The down side of the housing voucher program is that it can take years to qualify for a voucher, leaving many seniors in a bind when an immediate need arises. New! Whether youre looking for low-key independent living apartments to vibrant 55+ retirement communities, theres something for everyone here. If. This beautiful new community sits in the middle of green grass with a gazebo, shuffleboard pad, picnic/BBQ area, raised garden bed, and wonderful residents. Refrigerator If you prefer, you can get all information about this facility by calling us at (866) 892-7533. But more populated areas also come packaged with a higher cost of living, including monthly rent payments. Carmel Hills offers multiple apartment options for the elderly in Charlotte, NC, including studio and 1 bedroom. 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. The average rent of a 1 bedroom rental in Charlotte, NC is $1,488. About Search Results. Thanks to its spread-out layout, Charlotte is more of a driving city than one that relies on public transportation. 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. Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. *Please enter your address or point of interest. There are no open Section 8 Housing Choice Voucher waiting lists in Charlotte. It can accommodate 119 senior citizens in total. Floor plans starting at $1850. Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement. We value your privacy. 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. Usually a senior only has to call a property they are interested in to go through the qualification process. 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. While there are numerous programs and millions of units on the market specifically for low income seniors, finding those units can be challenging. 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. How Do You Get It? Mint Hill Senior Living is a retirement living community in 28227 zip code area, situated at 10830 Lawyers Glen Drive in the Mecklenburg county. Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Charlotte Square offers Mecklenburg County residents looking for senior living near Charlotte, North Carolina multiple senior housing options. Seize the opportunity to experience redefined senior living at Avion Point Senior Apartments. In addition, seniors applying should not have a criminal record. Eligibility requirements of having household incomes below specific percentages of the AMI are strictly followed for the unit the resident is applying for. 1. Brookdale Carriage Club Providence I is a senior living community located at 5802 Old Providence Road in Mecklenburg County. Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement. 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 If you prefer, you can get all costs information by calling us at (866) 892-7533. Overture Providence 55+ Active Adult Apart 6805 Walnut Branch Rd, Charlotte, NC 28277, Belvedere At Berewick- A 55+ Luxury Community, 6930 Prosperity Rd, Huntersville, NC 28078. While about two-thirds of the seniors own homes, nearly 21 million seniors rent. The Parc At Sharon Amity is a 55 plus senior living community located at 4025 N. Sharon Amity Drive in the 28205 zip code. Email me listings and apartment related info. Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Charlotte but actual income limits may differ for units at Prosperity Creek Senior Apartments. This rental is accepting applications through Apartments.com. Radbourne Manor Iii contains 12 apartments for older adults in total. 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. With the Section 8 program, the voucher goes where the tenant goes allowing the elderly to select the best property available for their needs. There are plenty of parking spaces available at each of the light rails stations. 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. Manage Settings Or sign in if you already have an account. Preston House offers North Carolina seniors looking for Mecklenburg County area apartments multiple housing options. 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. 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. The average cost for a senior apartment in Charlotte, NC is $1,416. Since the number of seniors that rent versus owning their housing has increased, it has had a profound impact on real estate. Protect yourself from scams! These housing complexes provide luxury assisted living apartments for the elderly North Carolina senior citizens and older adults who reside in the Charlotte area. Senior adults who live in an area with overlapping counties should call the housing authority of each county for information about low income senior housing within each specific county. For example, the area mean income of Charlotte, North Carolina in 2019 was $62,817.00. Once youve found your new senior housing apartment at Apartments.com, all thats left to do is sit back, relax, and enjoy. Your consent is not required to use the service. Low Income (0) Luxury (0) Cheap (0) Keywords. 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. Any calls to toll-free numbers found on SeniorGuidance.org will be answered by our partners providing senior living placement services who will try to match you with a senior living community. Or sign in if you already have an account, 6023 Tindall Park Dr, Charlotte, NC 28210, 6805 Walnut Branch Rd, Charlotte, NC 28277, 1055 Hatchers Pond Ln, Morrisville, NC 27560, 6930 Prosperity Rd, Huntersville, NC 28078, 3504 Broadstone Village Dr, High Point, NC 27260, 2355 Copperstone Dr, High Point, NC 27265, 200 Brannigan Village Dr, Winston-Salem, NC 27127, 5910 Farrington Rd, Chapel Hill, NC 27517, 515 Springbrook Dr, Kernersville, NC 27284. It provides a total of 48 senior apartment units. An example of data being processed may be a unique identifier stored in a cookie. New! Kitchen 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. Many of these seniors do not have the ability to purchase a home and many that can purchase wont because of the upkeep involved. Sunrise On Providence is a senior living facility located at 5114 Providence Road, inside 28226 zip code in Mecklenburg county and offers senior housing in Charlotte, North Carolina. The third component of HUDs Section 202 Program is that senior residents in Charlotte can usually benefit from an on-location Service Coordinator. 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. This program aims to give qualified housing developers incentives to build more affordable housing options for the increasing elderly population. Senior Apartments. Please correct it. 2-3 Beds, $750 - 1,100 You must save a search in order to receive alerts. Unlike other subsidized housing programs, the voucher goes to the renter and not to the housing property owners. The senior tenants will shoulder only a small part of the rent, which is usually about 30% of their Monthly Adjusted Income or MAI. Charlotte offers easy access to major interstates, a public transit line, and proximity to the Charlotte Douglas International Airport. 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 There are 11 independent living communities to choose from in the Charlotte area. Many things in life are expensive, but finding a good place to live shouldnt be one of them. Atria Merrywood offers Mecklenburg County residents looking for senior living near Charlotte, North Carolina multiple senior housing options. Therefore, for seniors to be eligible for Section 202, the households total income must be less than $18,845.10 per year. Your email address should include an @ and a valid extension. Some senior living communities also offer assistance and medical care. Atria Merrywood is a senior apartment facility situated at 3600 Park Road, 28209 zip code. Of course, since affordability is relative, what is affordable to one senior in terms of rent may not be affordable to another. Seniors that have limited incomes can also search for available options online through government websites such as HUD.gov. Shads Landing However, property owners will re-assess whether the household will remain eligible for the unit they are in every year. The AMI is calculated and published each year by HUD. Then, the property owner turns the voucher in to be reimbursed for the rest of the rent. Currently, Charlotte, NC has 107 senior living apartments available to rent. Why Are Aging Adults Moving to Charlotte, NC? How to Look for Senior Housing Options in Charlotte, NC, How Charlotte Seniors Can Pay for Low Income Senior Housing. 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. 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. Caring Management and Responsive Service Team. There are 305,488 households in the city with an average household size of 2.55 persons. It can accommodate 50 senior citizens in total. And more! *Please enter your address or point of interest. In North Carolina, the definition of low income is when a household's total income is below 30% of the AMI of the state. Enjoy Charlotte living and the comfort of peaceful serenity in this community. 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. Whether youre looking for low-key independent living apartments to vibrant 55+ retirement communities, theres something for everyone here. The Laurels In Highland Creek provides a total of 105 55+ senior apartments. The city of Charlotte has earned its spot on countless Best Places to Live lists for its seemingly endless entertainment options. 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. 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. The median gross income for households in Charlotte is $53,637 a year, or $4,470 a month. Since this property has received funding in part through the Low Income Housing Tax Credit program, a certain number of units are set aside for lower income households. 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. Apply to multiple properties within minutes. 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. Clubhouse The tax credits are an incentive for developers to build new housing or acquire and rehabilitate existing housing units to help give housing options to low income households. Fitness Center Low cost senior housing properties are typically community-based apartments with reasonably-priced monthly rents made available for lower-income seniors. find affordable housing options in and around the Charlotte area, Qualifying for low income senior apartments in Charlotte, Greensboro, NC Low Income Senior Apartments, Jacksonville Low Income Senior Apartments, Lexington, KY Affordable Senior Apartments, Montgomery, AL Subsidized Senior Apartments, St. Petersburg, FL Affordable Senior Apartments, Low Income Senior Housing in Columbus, Georgia, Savannah Georgia Low Income Senior Housing, Affordable Senior Housing in Fayetteville, North Carolina, Subsidized Senior Housing in Houston, Texas, San Antonio, Texas Low Income Senior Housing, Finding Subsidized Senior Housing in Austin, Texas, Finding Affordable Senior Apartments in New York City, NY, Affordable Senior Housing in Chicago Illinois, Affordable Living in San Diego for Senior Citizens, Finding Affordable Senior Housing in Philadelphia, Finding Affordable Senior Apartments in San Jose, California, What Is Section 202 Affordable Senior Housing, Share Your Custom Lists with friends and family, Add new listings or claim existing listings.