The Retreat at Renaissance

3240 New Renaissance Way, Charlotte, North Carolina 28208

Renaissance is a holistic redevelopment funded by the Charlotte Housing Authority, HOPE VI Funds and several other sources. Rather than focusing on a single component of community change, holistic initiatives include mixed-income housing, radically improved cradle-to-college educational opportunities, youth and adult development programs, job training, health and wellness programs, transportation access and recreational opportunities.

The initial phase of The Renaissance’s mixed-income component is The Retreat, comprised of 110 state-of-the-art apartment homes designed specifically for fixed-income seniors and disabled individuals. The next phase of development is called The Residences which provides mixed-income apartment homes for qualifying working families. The mixed-income housing is being developed by Laurel Street Residential and managed by S.L. Nusbaum Realty Co.

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Units

Unit (Bd/Ba) Ft2 Rent
Ellington (1/1) 708 Call for Price
Langston (1/1) 761 Call for Price
Bearden (1/1) 771 Call for Price

The Retreat at Renaissance Details

  • 110 one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 Project-Based Voucher (PBV)

Property Amenities

  • Fitness Center
  • Computer Lab
  • Laundry Centers

Unit Amenities

  • Cable Ready
  • Spacious Closets
  • Breakfast Bar
  • Central Heat & Air

Low-Income Housing Tax Credit (LIHTC)

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.

Charlotte Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Charlotte but actual income limits may differ for units at The Retreat at Renaissance.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $29,500 $33,700 $37,900 $42,100 $45,500 $48,850 $52,250 $55,600
Low Income (60%) $35,400 $40,440 $45,480 $50,520 $54,600 $58,620 $62,700 $66,720

The Retreat at Renaissance is managed by S.L Nusbaum Realty Co.

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The Residences at Renaissance Apartments

3610 Nobles Ave
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Call For Rent
1-3 BR