Weatherstone Park is designated for those 55 and older and located in beautiful New Bern, NC.
|1 Bedroom (1/1)||-||Call for Price|
|2 Bedroom (2/1)||-||Call for Price|
The Weatherstone Park waiting list is has a current wait time of 12- 18 months. This would put any potential move in at September of 2019.
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 New Bern but actual income limits may differ for units at Weatherstone Park.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$26,450||$30,200||$34,000||$37,750||$40,800||$43,800||$46,850||$49,850|
|Low Income (60%)||$31,740||$36,240||$40,800||$45,300||$48,960||$52,560||$56,220||$59,820|
Weatherstone Park is managed by Community Management Corporation.
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.