Mercy Plan Belmont is an independent living apartment complex for low-income seniors. This three-story building is located in the heart of Belmont, North Carolina, just southwest of Charlotte. It lies within one mile of shopping, neighborhood services, Belmont Abbey Collage, churches and recreational facilities. The property was developed on three acres of land owned by the Sisters of Mercy of North Carolina. This is the first property developed by Mercy Housing in North Carolina.
|1 Bedroom (1/1)||-||Income Based|
|2 Bedroom (2/1)||-||Income Based|
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.
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 Belmont but actual income limits may differ for units at Mercy Place Belmont.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
Mercy Place Belmont is managed by Mercy Housing.