Wakefield Spring

2701 Wakefield Pines Dr. , Raleigh, NC 27614

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Connor Bailey, Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 2 Beds	1 Bath	660 - 900 Sq Ft

Call (919) 554-6111 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.

Wakefield Spring offers one and two bedroom apartment homes for individuals or households age 62 and older. Whether you enjoy relaxing outdoors or are always on the go, Wakefield Spring is the perfect home for you. Convenience is right around the corner with restaurants, shopping, and medical services just minutes from the community.

Dave's Thoughts On Wakefield Spring

Because Wakefield Spring 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

Wakefield Spring Amenities

Fitness Center
Computer Lab
Community Room
Library
On-Site Manager
24hr Emergency Maintenance
Dishwasher
Stove
Mini Blinds & Curtain Rods
Laundry Facilities
Storage (in unit)
Frost-Free Refrigerator

Units at Wakefield Spring

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	660ft²	Call for Price^†
2 Bedroom (2/1)	900ft²	Call for Price^†

Income Qualification for Wakefield Spring

*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	$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.

FAQs for Wakefield Spring

Does Wakefield Spring have a waiting list?

Wakefield Spring 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 Wakefield Spring?

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 Wakefield Spring?

Wakefield Spring is managed by Evergreen Construction Company headquartered in Raleigh, North Carolina.

In addition to Wakefield Spring, how many other affordable housing properties (and units) are there in Raleigh?

In addition to Wakefield Spring, 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.