155 West Holly Springs Rd, Holly Springs, NC 27540
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | - |
Since this property is a Section 202 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.
Holly Springs offers luxurious living for residents 62 years of age or older. The one story units are convenient to banks, restaurants, medical facilities and grocery stores. Residents will enjoy the cultural events, recreational facilities and other opportunities the area provides. Handicap accessible units are available. Our on-site staff is ready to welcome you to your new apartment home. Stop by today!
As a modern Section 202 property built after 1990, Holly Springs Apartments only allows seniors aged 62 or older. Older “Legacy” 202 properties (pre-1990) do allow younger persons with disabilities. Modern 202 properties tend to be in better physical condition primarily due to age. Section 202 properties include a rent subsidy, so you will only pay 30% of your income toward rent. To qualify, you will need to earn 50% of the Area Median Income or less. These properties often include a resident services coordinator that arranges services like healthcare management, transportation, and social activities. If you are a senior or have a senior in your household, and need services to maintain independent living, this property may be good for you. Since this property participates in the HUD 202 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 |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $23,800 / year | $27,200 / year | $30,600 / year | $34,000 / year | $36,750 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $39,700 / year | $45,350 / year | $51,000 / year | $56,650 / year | $61,200 / year | $65,750 / year | $70,250 / year | $74,800 / year |
| 50% AMI for PBRA Units | $39,700 / year | $45,350 / year | $51,000 / year | $56,650 / year | $61,200 / year | $65,750 / year | $70,250 / year | $74,800 / year |
| 80% AMI for PBRA Units | $63,500 / year | $72,550 / year | $81,600 / year | $90,650 / year | $97,950 / year | $105,200 / year | $112,450 / year | $119,700 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Holly Springs Apartments have a waiting list?
Holly Springs 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 Holly Springs 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 Holly Springs Apartments?
Holly Springs Apartments is managed by Community Management Corporation headquartered in Winston-Salem, North Carolina.
In addition to Holly Springs Apartments, how many other affordable housing properties (and units) are there in Holly Springs?
In addition to Holly Springs Apartments, we list 6 other affordable properties in Holly Springs. Learn about these properties here. Our data research shows that there are a total of 320 affordable units in Holly Springs.
Interested in a waiting list that opens soon?
Get a head start, and scan important documents you may need for applications, like drivers licenses, birth certificates, and Social Security cards.Celeste Law says:
"Affordable Housing Online is a great source of information, and is very helpful in answering questions about Section 8 and Public Housing."
