Gilfield Park

5915 Beatties Ford Rd., Charlotte, NC 28216

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey

Rent	Beds	Baths	SqFt
$400 - 1,200 per Month^†	1 - 2 Beds	1 Bath	660 - 900 Sq Ft

This property is currently under construction.

Gilfield Park is a newly built apartment community for elderly residents featuring one and two bedroom units. For more information, and to join their interest list, please contact their management office.

Dave's Thoughts On Gilfield Park

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 Gilfield Park 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.

~ Dave Layfield, Founder of Affordable Housing Online

Gilfield Park Amenities

Elevator
Fitness Center
Community Room
On-Site Manager
Ceiling Fan(s)
Walk-in Closet(s)
Community Garden
Fully Equipped Kitchen
Storage (in unit)

Units at Gilfield Park

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	660ft²	$400 $1,200^†
Two Bedroom (2/1)	900ft²	$400 $1,200^†

Income Qualification for Gilfield Park

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people
50% AMI for LIHTC Units	$34,900 / year	$39,900 / year	$44,900 / year	$49,850 / year
50% AMI for PBRA Units	$34,900 / year	$39,900 / year	$44,900 / year	$49,850 / year
60% AMI for LIHTC Units	$41,880 / year	$47,880 / year	$53,880 / year	$59,820 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Gilfield Park

Does Gilfield Park have a waiting list?

Gilfield Park 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 Gilfield Park?

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 Gilfield Park?

Gilfield Park is managed by Laurel Street Residential headquartered in Charlotte, NC.

In addition to Gilfield Park, how many other affordable housing properties (and units) are there in Charlotte?

In addition to Gilfield Park, we list 459 other affordable properties in Charlotte. Learn about these properties here. Our data research shows that there are a total of 14677 affordable units in Charlotte.

When was the Gilfield Park listing last updated?

Gilfield Park listing on Affordable Housing Online was last updated on 04/12/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.