500 Veterans Dr, Elon, NC 27244
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
Since this property is a Section 811 property and includes rental assistance, it will tend to have a longer 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.
As a Section 811 property, this apartment community only allows persons with disabilities. A person of any age with a disability, and an income at or below 50% of the Area Median Income (AMI), qualifies for residency. In addition, Arc Hds Alamance County Gh 11 is highly desirable because it offers rent subsidies and will tend to have a longer waiting list. This program was first introduced in 1990, so these younger properties are generally in good condition. Since the property includes a rent subsidy, you would pay no more than 30% of your income toward rent. Most of these properties include a resident services coordinator that organizes and facilitates services like healthcare management, transportation, and social activities. If you are a low-income person with a disability and need some help maintaining independent living, this property might be right for you. Since this property participates in the HUD 811 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
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $16,600 / year | $19,720 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $27,600 / year | $31,550 / year | $35,500 / year | $39,400 / year | $42,600 / year | $45,750 / year | $48,900 / year | $52,050 / year |
| 50% AMI for PBRA Units | $27,600 / year | $31,550 / year | $35,500 / year | $39,400 / year | $42,600 / year | $45,750 / year | $48,900 / year | $52,050 / year |
| 80% AMI for PBRA Units | $44,150 / year | $50,450 / year | $56,750 / year | $63,050 / year | $68,100 / year | $73,150 / year | $78,200 / year | $83,250 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Arc Hds Alamance County Gh 11 have a waiting list?
Arc Hds Alamance County Gh 11 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 Arc Hds Alamance County Gh 11?
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 Arc Hds Alamance County Gh 11?
Arc Hds Alamance County Gh 11 is managed by The Arc North Carolina headquartered in Raleigh, NC.
In addition to Arc Hds Alamance County Gh 11, how many other affordable housing properties (and units) are there in Elon?
In addition to Arc Hds Alamance County Gh 11, we list 6 other affordable properties in Elon. Learn about these properties here. Our data research shows that there are a total of 12 affordable units in Elon.
102 Campus Walk Trl Unit APT 201, Elon, North Carolina 27244
Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").Gina Pocan says:
"Thank you, Affordable Housing Online, for being there for some of the most vulnerable people."