Abby Gardens, located at 4625 Cindy Ln in Kinston, has one and two bedroom apartments. Abby Gardens participates in the Low-Income Housing Tax Credit (LIHTC) program.
|One Bedroom (1/1)||-||Income Based|
|Two Bedroom (2/1)||-||Income Based|
Independent Living : Independent Living Communities are residential areas created for senior adults that want a living space that requires minimal upkeep and provide a community feel. Seniors that usually live there need little or no aid and wish to enjoy life with other seniors nearby. Some independent living communities have age restrictions while other independent living communities attract all seniors. Because certain communities offer specific services and amenities, you should consult with a Abby Gardens Apartments representative to check out the features at this community.
55+ Communities : 55+ communities is the ideal choice for seniors that appreciate living spaces that offer a community lifestyle with options for privacy and freedom. The aged-restricted communities have various housing types, such as single-family homes, duplexes, apartments and condos for rent, ownership or lease. 55+ communities generally offer recreational and social activities, but to get a clearer picture of the specifics at this community, you should check with a representative of Abby Gardens Apartments.
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.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Kinston but actual income limits may differ for units at Abby Gardens.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$19,350||$22,100||$24,850||$27,600||$29,850||$32,050||$34,250||$36,450|
|Low Income (60%)||$23,220||$26,520||$29,820||$33,120||$35,820||$38,460||$41,100||$43,740|
Abby Gardens was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.
Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.
Abby Gardens is managed by The Pendergraph Companies, LLC.