Millstone Landing

3400 Footbridge Ln, Fayetteville, NC 28306

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Connor Bailey
Rent Beds Baths SqFt
Call for Rents 2 - 3 Beds 2 Baths 961 - 1,222 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
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.

Millstone Landing offers 2 and 3 bedroom units. For more information about leasing, please contact the Millstone Landing leasing office.

Dave's Thoughts On Millstone Landing

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 Millstone Landing 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

Millstone Landing Amenities

  • Playground
  • Clubhouse
  • Ceiling Fan(s)
  • Garbage Disposal
  • Microwave
  • Carpet
  • Refrigerator
  • Oven and Range
  • Sewer Included
  • Water Included
  • Grilling Area
  • Washer and Dryer Included

Units at Millstone Landing

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/2) 961ft2 Call for Price
3 Bedroom (3/2) 1222ft2 Call for Price

Income Qualification for Millstone Landing

*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 $24,700 / year $28,200 / year $31,750 / year $35,250 / year $38,100 / year $40,900 / year
50% AMI for PBRA Units $24,700 / year $28,200 / year $31,750 / year $35,250 / year $38,100 / year $40,900 / year
60% AMI for LIHTC Units $29,640 / year $33,840 / year $38,100 / year $42,300 / year $45,720 / year $49,080 / year

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

FAQs for Millstone Landing

Does Millstone Landing have a waiting list?

Millstone Landing 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 Millstone Landing?

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 Millstone Landing?

Millstone Landing is managed by United Management II

In addition to Millstone Landing, how many other affordable housing properties (and units) are there in Fayetteville?

In addition to Millstone Landing, we list 66 other affordable properties in Fayetteville. Learn about these properties here. Our data research shows that there are a total of 4160 affordable units in Fayetteville.

When was the Millstone Landing listing last updated?

Millstone Landing listing on Affordable Housing Online was last updated on 06/07/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

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The Landing at Beaver Creek

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Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.