Prosperity Ridge

1430 El Paso Street, Kannapolis, North Carolina 28083

Prosperity Ridge is a senior community for those 55 years of age and up. They offer an exercise room, computer room, community room, washer/dryer hook-up, dishwasher, storage, laundry room, and on-site maintenance staff.

Units

Unit (Bd/Ba)	Ft2	Rent
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Prosperity Ridge is managed by Partnership Property Management.