Pine Valley Apartments

1000 Pine Tree Dr, New Bern, North Carolina 28562

Pine Valley Apartments are an affordable community offering 72 units of housing. For more information, please contact their management office.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 587 Call for Price
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/1) - Call for Price

Pine Valley Apartments Details

  • 72 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Community Room
  • High Speed Internet Access
  • Laundry Facility

Unit Amenities

  • Air Conditioning
  • Ceiling Fan(s)
  • Walk-in Closet(s)
  • Window Coverings
  • Balconies or Patios Available
  • Fully Equipped Kitchen
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.

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