Springbrook Apartments Homes

5025 Taggart Springs Way, Charlotte, NC 28208

Waiting List Forecast: Likely Short or None

check_circleVerified for 2022 by Connor Bailey, Joshua Cappell
Rent Beds Baths SqFt
$877 - 1,207 per Month 1 - 3 Beds 1 - 2 Baths 791 - 1,384 Sq Ft
check_circle  Pets Allowed
check_circle  Affordable

Waitlist Forecast

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.

Springbrook Apartments is an affordable community offering one, two, and three bedroom units. A number of amenities are offered for residents as well. Please contact their management office for more information.

Dave's Thoughts On Springbrook Apartments Homes

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 Springbrook Apartments Homes 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. Since the property also utilizes a FHA insured private mortgage, the property is subject to Federal physical condition requirements and REAC inspections. 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.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Springbrook Apartments Homes Amenities

  • Fitness Center
  • Playground
  • Business Center
  • Clubhouse
  • 24hr Emergency Maintenance
  • Gazebo
  • Handicapped Accessible
  • Dishwasher
  • Garbage Disposal
  • Washer and Dryer Hookup
  • Private Entrance
  • Grilling Area
  • Landscaping
  • Laundry Facilities
  • Self-Cleaning Ovens
  • Swimming pool
  • Picnic Area
  • Private Patio and Balcony
  • Frost-Free Refrigerator

Units at Springbrook Apartments Homes

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 791ft2 $877
2 Bedroom (2/2) 1121ft2 $1,049
3 Bedroom (3/2) 1384ft2 $1,207

Income Qualification for Springbrook Apartments Homes

*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 5 people 6 people
50% AMI for LIHTC Units $34,900 / year $39,900 / year $44,900 / year $49,850 / year $53,850 / year $57,850 / year
50% AMI for PBRA Units $34,900 / year $39,900 / year $44,900 / year $49,850 / year $53,850 / year $57,850 / year
60% AMI for LIHTC Units $41,880 / year $47,880 / year $53,880 / year $59,820 / year $64,620 / year $69,420 / year

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

FAQs for Springbrook Apartments Homes

Does Springbrook Apartments Homes have a waiting list?

Springbrook Apartments Homes 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 Springbrook Apartments Homes?

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 Springbrook Apartments Homes?

Springbrook Apartments Homes is managed by Pedcor Management headquartered in Carmel, Indiana.

In addition to Springbrook Apartments Homes, how many other affordable housing properties (and units) are there in Charlotte?

In addition to Springbrook Apartments Homes, 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.

Listings Near Springbrook Apartments Homes

South Oak Crossing

7609 Kings Ridge Dr, Charlotte, North Carolina 28217

bed 2-3
payment $960-1075/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Whitehall Crossing

2650 Arrowwood Rd, Charlotte, North Carolina 28273

bed 2-3
switch_access_shortcut Short Wait

Willow Oak Run

2908 Turning Oak Dr, Charlotte, North Carolina 28208

bed 2-3
payment $285-732/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Orchard Park Apartments

845 B Cates, Charlotte, North Carolina 28202

bed 1-3
switch_access_shortcut Short Wait
payment Subsidized

Fairmarket Plaza Apartments

6427 Plaza Rd, Charlotte, North Carolina 28215

bed 1
payment Subsidized

McAden Park Apartments

1303 Seigle Avenue, Charlotte, North Carolina 28205

bed 1-3
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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