Montgomery Gardens Apartments, located at 5200 Beatties Ford Rd in Charlotte, has two and three bedroom apartments. Montgomery Gardens Apartments participates in the HOME Investment Partnerships Program and Low-Income Housing Tax Credit (LIHTC) programs.
|2 Bedroom (2/2)||983||$695|
|3 Bedroom (3/2)||1,193-1,209||$850|
Montgomery Gardens Apartment Community is conveniently located near I-77 and I-85, within walking distance of great shopping, fine dining and enjoyable entertainment. The community is also minutes away from Northlake Mall, Latta Plantation, Hornets’ Nest Park, a movie theater and childcare facilities. This community offer spectacular amenities including a community garden, car care area, community room, computer and library center, clothes care center and more. In the immaculate apartments located here at Montgomery Gardens, you will find many ‘extras’ that make coming home to your apartment a pleasure, including fully-equipped kitchens and washer and dryer connections in every unit.
This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Montgomery Gardens Apartments is managed by WRH Realty Services, Inc..