Fountain Pointe

192 Clemmer Rd, Rockingham, NC 28379

Waiting List Forecast: Likely Short or None

check_circleVerified for 2021 by Lorena Bentley, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents 2 - 3 Beds 1 Bath -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

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.

2 & 3 bedroom units located in Rockingham, NC.

Dave's Thoughts On Fountain Pointe

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 Fountain Pointe 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 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many 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 lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Fountain Pointe Amenities

  • Heat and Air
  • Wheel Chair Accessible

Units at Fountain Pointe

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

Income Qualification for Fountain Pointe

*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 5 people 6 people
50% AMI for LIHTC Units $24,250 / year $27,700 / year $31,150 / year $34,600 / year $37,400 / year $40,150 / year
50% AMI for PBRA Units $24,250 / year $27,700 / year $31,150 / year $34,600 / year $37,400 / year $40,150 / year
60% AMI for LIHTC Units $29,100 / year $33,240 / year $37,380 / year $41,520 / year $44,880 / year $48,180 / year

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

FAQs for Fountain Pointe

Does Fountain Pointe have a waiting list?

Fountain Pointe 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 Fountain Pointe?

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 Fountain Pointe?

Fountain Pointe is managed by InterMark Management headquartered in Columbia, South Carolina.

In addition to Fountain Pointe, how many other affordable housing properties (and units) are there in Rockingham?

In addition to Fountain Pointe, we list 16 other affordable properties in Rockingham. Learn about these properties here. Our data research shows that there are a total of 850 affordable units in Rockingham.

Listings Near Fountain Pointe

Gardenwood Apartments

1234 Cauthen Dr, Rockingham, North Carolina 28379

bed 1-3
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Greenridge Apartments

200 Greenridge Drive, Rockingham, North Carolina 28379

bed 2-3
switch_access_shortcut Short Wait
accessibility Accessible

Cameron Grove

150 Lady Mary Lane, Rockingham, North Carolina 28379

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

Lenox Station Apartments

510 S Caroline Street, Rockingham, North Carolina 28379

switch_access_shortcut Short Wait
accessibility Accessible

Timber Ridge Apartments

515 Steele Street, Rockingham, North Carolina 28379

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based

The Pines Apartments

135 Lady Mary Ln, Rockingham, North Carolina 28379

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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