Friar Woods Apartments

203 Friar Woods Court, Kernersville, NC 27284

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
$240 - 710 per Month 1 - 3 Beds 1 - 2 Baths -

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.

Welcome to Friar Woods! LPMC has come to Kernersville! Friar Woods is Landmark Property Management’s newest community in the Piedmont Triad. 3 story, garden style apartment homes will provide the residents of Friar Woods a place they truly can be proud to call home. Brand New appliances, spacious floor plans, washer/dryer connections, outdoor patios are just a few of the features your home at Friar Woods has to offer. Community amenities include Fitness Center, Playground and Event Clubhouse.

Dave's Thoughts On Friar Woods Apartments

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 Friar Woods Apartments 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. 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. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Friar Woods Apartments Amenities

  • Fitness Center
  • Playground
  • Computer Lab
  • On-Site Manager
  • 24hr Emergency Maintenance
  • Air Conditioning
  • Dishwasher
  • Garbage Disposal
  • Cable Ready
  • Spacious Closets
  • Extra Storage
  • On-Site Maintenance
  • Full-Size Washer & Dryer Connections

Units at Friar Woods Apartments

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - $240 $520
Two Bedroom (2/2) - $281 $625
Three Bedroom (3/2) - $318 $710

Income Qualification for Friar Woods Apartments

*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 $28,550 / year $32,600 / year $36,700 / year $40,750 / year $44,050 / year $47,300 / year
50% AMI for PBRA Units $28,550 / year $32,600 / year $36,700 / year $40,750 / year $44,050 / year $47,300 / year
60% AMI for LIHTC Units $34,260 / year $39,120 / year $44,040 / year $48,900 / year $52,860 / year $56,760 / year

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

FAQs for Friar Woods Apartments

Does Friar Woods Apartments have a waiting list?

Friar Woods Apartments 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 Friar Woods Apartments?

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 Friar Woods Apartments?

Friar Woods Apartments is managed by Landmark Properties, CW LLC headquartered in Yakima, Washington.

In addition to Friar Woods Apartments, how many other affordable housing properties (and units) are there in Kernersville?

In addition to Friar Woods Apartments, we list 10 other affordable properties in Kernersville. Learn about these properties here. Our data research shows that there are a total of 793 affordable units in Kernersville.

When was the Friar Woods Apartments listing last updated?

Friar Woods Apartments listing on Affordable Housing Online was last updated on 01/01/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Friar Woods Apartments

Lyons Walk Apartments

500 Lyons Walk Dr, Kernersville, North Carolina 27284

Village East Apartments

112 Chaucer Manor Circle, Kernersville, North Carolina 27284

Donnell Villas

815 Donnell St, Kernersville, North Carolina 27284

Century Square Apartments

230 Century Blvd, Kernersville, North Carolina 27284

Wynnfield Court

434 W Bodenhamer St, Kernersville, North Carolina 27284

Koerner Place

812 Birch Ln, Kernersville, North Carolina 27284

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