South Oak Crossing, located at 7609 Kings Ridge Dr in Charlotte, has two and three bedroom apartments. South Oak Crossing participates in the Low-Income Housing Tax Credit (LIHTC) program.
|2 Bedroom (2/2)||925||$960|
|3 Bedroom (3/2)||1,162||$1,075|
South Oak Crossing offer 2 and 3 bedroom apartment home which both feature spacious layouts, ample closet space, washer/dryer connections and a private patio. This community has a swimming pool and a large sundeck.
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.
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 Charlotte but actual income limits may differ for units at South Oak Crossing.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
These general income qualifications for Charlotte, North Carolina should only be used as a basic guide. To find out if you qualify, contact the community directly.
You can usually make up to 80% of the Area Median Income (AMI) to be eligible for a HUD-Assisted Housing unit, but income qualification tiers for this community may be different due to various policies.
South Oak Crossing receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing. Market rate units would have no subsidies or income restrictions.
South Oak Crossing is managed by S.L Nusbaum Realty Co.