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Best Village Apartments I

909 Savannah Ln, Kinston, North Carolina 28501

Located in Kinston, NC, the Best Village apartment community has two and three bedroom floor plans available. The application fee is $30 per adult applicant and one month's rent is required for a security deposit.

Contact Best Village Apartments I

Message Best Village Apartments I

Best Village Apartments I is accepting applications and does not have a waiting list.

Last updated on September 10th, 2018
Best Village Apartments I is accepting applications and does not have a waiting list.

Last updated on September 10th, 2018

Units

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/1) 880 From $379 To $384
Three Bedrooms (3/2) 1,050 $425

Best Village Apartments I Details

  • 50 two and three bedroom units.
  • Walk Up
  • $30.00 application fee
  • Low-Income Housing Tax Credit (LIHTC)

Unit Amenities

  • Garbage Disposal
  • Mini Blinds & Curtain Rods
  • Electric Range
  • Full-Size Washer & Dryer Connections
  • Frost-Free Refrigerator
  • Energy Efficient Appliances

Office Hours

Day Hours
Monday 8:30am-5:30pm
Tuesday 8:30am-5:30pm
Wednesday 8:30am-5:30pm
Thursday 8:30am-5:30pm
Friday 8:30am-5:30pm

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.

Kinston Low-Income Housing Tax Credit Income Limits

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 Best Village Apartments I.

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

Best Village Apartments I 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.

Best Village Apartments I is managed by United Property Management.

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Nearby Low Income Apartment Communities

Best Village Apartments II

909 Savannah Ln
Kinston, North Carolina
$401-449
2-3 BR
Accepts Vouchers