37 Paisley Lane , Shallotte, NC 28470
Waiting List Forecast: Likely Short or None
Verified for 2023 by Ben D. Layfield| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $932 per Month† | 1 - 3 Beds | 1 - 2 Baths | 846 - 1,490 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.
Cardinal Pointe is the place you need to see! Only minutes away from Myrtle Beach and 30 minutes from Wilmington, Cardinal Pointe has been thoughtfully created for comfort and convenience so you can live every day better. Choose from beautifully designed 1, 2, and 3-bedroom apartment homes and enjoy all the community amenities you could hope for...like a clubhouse, fitness center, playground, pool and picnic area with new gas grills. You'll love coming home every day to Cardinal Pointe.
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 Cardinal Pointe 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 (1/1) | 846ft2 | Call for Price† |
| Two Bedrooms (2/1) | 999ft2 | Call for Price† |
| Three Bedrooms (3/2) | 1490ft2 | $932† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $31,100 / year | $35,550 / year | $40,000 / year | $44,400 / year | $48,000 / year | $51,550 / year |
| 50% AMI for PBRA Units | $31,100 / year | $35,550 / year | $40,000 / year | $44,400 / year | $48,000 / year | $51,550 / year |
| 60% AMI for LIHTC Units | $37,320 / year | $42,660 / year | $48,000 / year | $53,280 / year | $57,600 / year | $61,860 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cardinal Pointe have a waiting list?
Cardinal Pointe 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 Cardinal Pointe ?
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 Cardinal Pointe ?
Cardinal Pointe is managed by The NRP Group LLC headquartered in Cleveland , Ohio.
In addition to Cardinal Pointe , how many other affordable housing properties (and units) are there in Shallotte?
In addition to Cardinal Pointe , we list 4 other affordable properties in Shallotte. Learn about these properties here. Our data research shows that there are a total of 205 affordable units in Shallotte.
When was the Cardinal Pointe listing last updated?
Cardinal Pointe listing on Affordable Housing Online was last updated on 01/03/2023 by Ben D. Layfield. Remember, a property's status can change so you should contact the property to confirm.
Need easy access to your important documents?
Create a free online account with cloud services like Google to save important documents needed for housing applications.Ivette Betancourt says:
"Affordable Housing Online is a helpful website that can benefit many families looking for a decent affordable home."
