Trinity Ridge Apartments

5620 Trinity Rd, Raleigh, NC 27607

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Andrianna Gardner, Connor Bailey

Rent	Beds	Baths	SqFt
$1,096 per Month^†	1 Bed	1 Bath	620 Sq Ft

Call (919) 342-6006 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.

Trinity Ridge is the senior community you’ve been looking for in Raleigh, NC. For those 55 years old and better, this community offers a controlled access building and an elevator all in a smoke-free building. Planned social activities, a clubhouse, and a business center all offer ways to stay connected with neighbors. When you are ready to get out and about, several shopping, dining, and entertainment destinations are just minutes away. Enjoy your best years in a home you deserve.

Dave's Thoughts On Trinity Ridge Apartments

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Trinity Ridge Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 20/50 election, this property has agreed to set aside at least 20% of its units for families and individuals earning 50% of Area Median Income (AMI). Many of these properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with very low incomes.

~ Dave Layfield, Founder of Affordable Housing Online

Trinity Ridge Apartments Amenities

Controlled Access
Elevator
Fitness Center
Community Room
Business Center
Clubhouse
Library
On-Site Manager
Refrigerator
Balconies or Patios Available
Sunroom
Electric Range
24 Hour Maintenance
Resident Activities
Wheel Chair Accessible
On-Site Laundry

Units at Trinity Ridge Apartments

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	620ft²	$1,096^†

Income Qualification for Trinity Ridge 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
50% AMI for LIHTC Units	$39,700 / year	$45,350 / year
50% AMI for PBRA Units	$39,700 / year	$45,350 / year
60% AMI for LIHTC Units	$47,640 / year	$54,420 / year

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

FAQs for Trinity Ridge Apartments

Does Trinity Ridge Apartments have a waiting list?

Trinity Ridge 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 Trinity Ridge 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 Trinity Ridge Apartments?

Trinity Ridge Apartments is managed by The Michaels Organization headquartered in Camden, NJ.

In addition to Trinity Ridge Apartments, how many other affordable housing properties (and units) are there in Raleigh?

In addition to Trinity Ridge 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.

When was the Trinity Ridge Apartments listing last updated?

Trinity Ridge Apartments listing on Affordable Housing Online was last updated on 08/05/2024 by Andrianna Gardner. Remember, a property's status can change so you should contact the property to confirm.