703 S Roxboro St, Durham, NC 27707
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | - |
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.
Close, convenient, and comfortable, The Lofts at Southside is the ideal address to call home. It is conveniently located close to many major interstates and highways including the Durham Freeway, I-85, I-40, and Route 501. It's also situated near the Durham Performing Arts Center, Central Park, North Carolina Central University, the area’s finest restaurants, and shopping. These are just a few of the outstanding qualities that make the Lofts at Southside Apartments one of the most exciting communities in Durham. You will love their pet-friendly, spacious one, two, and three-bedroom loft-style apartment homes with washers and dryers in every loft, modern eat-in kitchens, featuring energy-efficient appliances, ample closet space for storage, and private balconies or patios. At The Lofts at Southside, they also offer Live/Work apartments in Durham for professionals who prefer to have their workspace and home in the same location.
At their smoke-free living community, relax in their refreshing swimming pool, play a game of cards in the clubhouse, send an e-mail from their business center with complimentary Wi-Fi, or work up a sweat in their state-of-the-art fitness center. At the end of the day, stroll among the pedestrian mall or enjoy the meticulous landscaping and pond. Their apartments at The Lofts at Southside truly represent the best contemporary city living. Remember, It’s Not Just an Apartment…It’s Your Home.
The Lofts at Southside has units that include features for persons with disabilities.
Because Lofts at Southside participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 581ft2 | Call for Price† |
| Two Bedroom One Half Bath (2/1.5) | - | Call for Price† |
| Two Bedroom Two Bath (2/2) | - | Call for Price† |
| Two Bedroom One Bath (2/1) | 984ft2 | Call for Price† |
| Three Bedroom (3/2) | 1381ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $35,400 / year | $40,450 / year | $45,500 / year | $50,550 / year | $54,600 / year | $58,650 / year |
| 50% AMI for PBRA Units | $35,400 / year | $40,450 / year | $45,500 / year | $50,550 / year | $54,600 / year | $58,650 / year |
| 60% AMI for LIHTC Units | $42,480 / year | $48,540 / year | $54,600 / year | $60,660 / year | $65,520 / year | $70,380 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Lofts at Southside have a waiting list?
Lofts at Southside 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 Lofts at Southside?
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 Lofts at Southside?
Lofts at Southside is managed by McCormack Baron Management headquartered in Saint Louis , Missouri.
In addition to Lofts at Southside, how many other affordable housing properties (and units) are there in Durham?
In addition to Lofts at Southside, we list 92 other affordable properties in Durham. Learn about these properties here. Our data research shows that there are a total of 6794 affordable units in Durham.
When was the Lofts at Southside listing last updated?
Lofts at Southside listing on Affordable Housing Online was last updated on 03/16/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
4900 N Roxboro Road, Durham, North Carolina 27704
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.Steve Rubin says:
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