500 Cobb St, Durham, NC 27701
Waiting List Forecast: Likely Long or Closed
Verified for 2022 by Katie Garay| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 532 - 760 Sq Ft |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
Morehead Hills Senior Apartments is walking distance from downtown Durham and we are surrounded by a very nice residential area. We are affordable housing for seniors 62+ years old or handicapped. We are pet friendly; feel free to bring your 4 legged family members here. Beautiful scenery right from your apartment. Come join our community today!
Since Morehead Hills Senior Apartments participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 532ft2 | Rent is Based On Your Income† |
| Two Bedroom (2/1) | 760ft2 | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $21,250 / year | $24,300 / year | $27,350 / year | $30,350 / year |
| 50% AMI for LIHTC Units | $35,400 / year | $40,450 / year | $45,500 / year | $50,550 / year |
| 50% AMI for PBRA Units | $35,400 / year | $40,450 / year | $45,500 / year | $50,550 / year |
| 80% AMI for PBRA Units | $56,650 / year | $64,750 / year | $72,850 / year | $80,900 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Morehead Hills Senior Apartments have a waiting list?
Morehead Hills Senior Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Morehead Hills Senior Apartments?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Morehead Hills Senior Apartments?
Morehead Hills Senior Apartments is managed by California Commercial Investment Companies headquartered in Westlake Village, California.
In addition to Morehead Hills Senior Apartments, how many other affordable housing properties (and units) are there in Durham?
In addition to Morehead Hills Senior Apartments, 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 Morehead Hills Senior Apartments listing last updated?
Morehead Hills Senior Apartments listing on Affordable Housing Online was last updated on 09/15/2022 by Katie Garay. Remember, a property's status can change so you should contact the property to confirm.
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