80 Candler Street, Waynesville, NC 28786
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $630 per Month† | 1 - 2 Beds | 1 - 2 Baths | 1 - 800 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Givens Great Laurels is an affordable rental community in Waynesville, North Carolina offering 100 apartments for seniors. Surrounded by beautiful mountain views, the spacious one and two bedroom apartments include clothes washers, dryers, and dishwashers. Amenities include a library/computer room, parlor, community room, fitness center, raised garden beds, fireplace, and outdoor grill. Our residents enjoy a wide array of activities and programs onsite and in the surrounding community. Minimum security deposit of $300 for two (2) bedroom units.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Givens Great Laurels does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom Apartment (1/1) | 800ft2 | Rent is Based On Your Income† |
| Two Bedroom Apartment (2/2) | 1ft2 | $630† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $15,750 / year | $19,720 / year | $24,860 / year | $30,000 / year |
| 50% AMI for LIHTC Units | $26,250 / year | $30,000 / year | $33,750 / year | $37,500 / year |
| 50% AMI for PBRA Units | $26,250 / year | $30,000 / year | $33,750 / year | $37,500 / year |
| 60% AMI for LIHTC Units | $31,500 / year | $36,000 / year | $40,500 / year | $45,000 / year |
| 80% AMI for PBRA Units | $42,000 / year | $48,000 / year | $54,000 / year | $60,000 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Givens Great Laurels have a waiting list?
Givens Great Laurels probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Givens Great Laurels?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Givens Great Laurels?
Givens Great Laurels is managed by Community Housing Partners headquartered in Christiansburg, Virginia.
In addition to Givens Great Laurels, how many other affordable housing properties (and units) are there in Waynesville?
In addition to Givens Great Laurels, we list 10 other affordable properties in Waynesville. Learn about these properties here. Our data research shows that there are a total of 477 affordable units in Waynesville.
When was the Givens Great Laurels listing last updated?
Givens Great Laurels listing on Affordable Housing Online was last updated on 01/03/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
Wait until you have a Section 8 voucher to find housing.
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