200 Lowman Cir, Fuquay Varina, NC 27526
Waiting List Forecast: Likely Short or None
Verified for 2024 by Andrianna Gardner, Connor Bailey, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $975 - 1,643 per Month† | 2 - 3 Beds | 1 - 2 Baths | 800 - 1,018 Sq Ft |
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.
Located in-between Mineral Spring Park and South Park on Main Street, Bradford Place is a quaint community with an ideal location. Your new all-electric home has a washer and dryer connection, a dishwasher, and garbage disposal to make even mundane every tasks easier. The primary bedroom in each home has a spacious walk-in or stand-in closet. Every floorplan has an open concept with well defined multiple purpose spaces. Each patio or balcony has additional storage perfect for keeping seasonal items. Stop by today and be delighted by everything your new home has.
Because Bradford Place 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 |
|---|---|---|
| Two Bedroom One Bath (2/1) | 800ft2 | $975† |
| Two Bedroom Two Bath (2/2) | 885ft2 | $1,025 $1,432† |
| Three Bedroom (3/2) | 1018ft2 | $1,055 $1,643† |
| AMI* | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $45,350 / year | $51,000 / year | $56,650 / year | $61,200 / year | $65,750 / year |
| 50% AMI for PBRA Units | $45,350 / year | $51,000 / year | $56,650 / year | $61,200 / year | $65,750 / year |
| 60% AMI for LIHTC Units | $54,420 / year | $61,200 / year | $67,980 / year | $73,440 / year | $78,900 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Bradford Place have a waiting list?
Bradford Place 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 Bradford Place?
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 Bradford Place?
Bradford Place is managed by The Michaels Organization headquartered in Camden, NJ.
In addition to Bradford Place, how many other affordable housing properties (and units) are there in Fuquay Varina?
In addition to Bradford Place, we list 9 other affordable properties in Fuquay Varina. Learn about these properties here. Our data research shows that there are a total of 430 affordable units in Fuquay Varina.
When was the Bradford Place listing last updated?
Bradford Place listing on Affordable Housing Online was last updated on 01/18/2024 by Andrianna Gardner. Remember, a property's status can change so you should contact the property to confirm.
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Stay in contact with the housing agency after applying.
While on a waiting list, always keep your information up to date. If you get selected for housing, the agency needs to know how to reach you!Dale Brown says:
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