2917 Creech Road, Raleigh, NC 27610
Waiting List Forecast: Likely Short or None
Verified for 2017 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 684 - 895 Sq Ft |
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.
Welcome to Elders Peak Apartments!
62 and over to apply!
Elders Peak located in South Raleigh, has been developed with style, comfort and convenience in mind. Elders Peak is just minutes from a variety of retail shops and service providers.
Your apartment home is equipped with all appliances and washer/dryer connections. Your very own patio or deck provides a lovely view of the grounds. Large walk-in closets, additional cabinets and countertops space in each kitchen and additional shelving and storage in the bathrooms give residents plenty of storage options.
Our residents' most difficult task may be deciding how to spend a day at Elders Peak; visiting with friends in the community room, having a picnic with family, taking a class in the exercise room or reading a new book from the library. The activities are practically endless!
Because Elders Peak Senior 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
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 684ft2 | Rent is Based On Your Income† |
| Two Bedroom (2/1) | 895ft2 | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $39,700 / year | $45,350 / year | $51,000 / year | $56,650 / year |
| 50% AMI for PBRA Units | $39,700 / year | $45,350 / year | $51,000 / year | $56,650 / year |
| 60% AMI for LIHTC Units | $47,640 / year | $54,420 / year | $61,200 / year | $67,980 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Elders Peak Senior Apartments have a waiting list?
Elders Peak Senior 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 Elders Peak Senior 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 Elders Peak Senior Apartments?
Elders Peak Senior Apartments is managed by The Pendergraph Companies, LLC headquartered in Raleigh, NC.
In addition to Elders Peak Senior Apartments, how many other affordable housing properties (and units) are there in Raleigh?
In addition to Elders Peak Senior Apartments, we list 401 other affordable properties in Raleigh. Learn about these properties here. Our data research shows that there are a total of 8749 affordable units in Raleigh.
1611 Royal Foxhound Ln, Raleigh, North Carolina 27610
11700 Arnold Palmer Dr, Raleigh, North Carolina 27617
9941 Brier Oak Place, Raleigh, North Carolina 27617
1121-102 Hadley Road, Raleigh, North Carolina 27610
2611 Pine Village Rd, Raleigh, North Carolina 27615
1951 Booker Dr., Raleigh, North Carolina 27610
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.Steve Rubin says:
"Affordable Housing Online is an excellent resource, and an important service for those who need it."