Cascade Garden Apartments

707 Cascade St, Mooresville, NC 28115

Waiting List Forecast: Likely Short or None

check_circleVerified for 2022 by Connor Bailey, Colleen Carter, Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 2 Beds	1 Bath	690 - 910 Sq Ft

Call (704) 343-6298 Email

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.

Cascade Gardens offers 1-bedroom and 2-bedroom floor plans for seniors ages 55 and up. Each unit includes a dishwasher, washer/dryer hook-up, storage, bathroom grab bars, and fully equipped kitchen. The community features an exercise room, computer room, community room, and on site maintenance.

Dave's Thoughts On Cascade Garden Apartments

Because Cascade Garden Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

Cascade Garden Apartments Amenities

Community Room
Laundry Room
Air Conditioning
Ceiling Fan(s)
Emergency Pull Cord
Dishwasher
Washer and Dryer Hookup
Water Trash and Sewer Included
On-Site Maintenance
Central Heat & Air
Cable & Internet Ready
Fully Equipped Kitchen
24 Hour Maintenance

Units at Cascade Garden Apartments

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	690ft²	Call for Price^†
Two Bedroom (2/1)	910ft²	Call for Price^†

Income Qualification for Cascade Garden 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
50% AMI for LIHTC Units	$28,900 / year	$33,000 / year	$37,150 / year	$41,250 / year
50% AMI for PBRA Units	$28,900 / year	$33,000 / year	$37,150 / year	$41,250 / year
60% AMI for LIHTC Units	$34,680 / year	$39,600 / year	$44,580 / year	$49,500 / year

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

FAQs for Cascade Garden Apartments

Does Cascade Garden Apartments have a waiting list?

Cascade Garden 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 Cascade Garden 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 Cascade Garden Apartments?

Cascade Garden Apartments is managed by Partnership Property Management headquartered in Greensboro, North Carolina.

In addition to Cascade Garden Apartments, how many other affordable housing properties (and units) are there in Mooresville?

In addition to Cascade Garden Apartments, we list 28 other affordable properties in Mooresville. Learn about these properties here. Our data research shows that there are a total of 921 affordable units in Mooresville.

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