Applegate Village Apartments

2601 Applegate Way, Sanford, NC 27332

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Colleen Carter

Rent	Beds	Baths	SqFt
Call for Rents^†	2 Beds	1 Bath	-

Call (919) 774-1009 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.

Dave's Thoughts On Applegate Village 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 Applegate Village 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.

~ Dave Layfield, Founder of Affordable Housing Online

Applegate Village Apartments Amenities

Close to Dining
Close to Shopping
Near Schools
24hr Emergency Maintenance
Off-Street Parking
Cable Ready
Window Coverings
Refrigerator

Units at Applegate Village Apartments

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

Income Qualification for Applegate Village 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	3 people	4 people
50% AMI for LIHTC Units	$24,700 / year	$28,200 / year	$31,750 / year	$35,250 / year
50% AMI for PBRA Units	$24,700 / year	$28,200 / year	$31,750 / year	$35,250 / year
60% AMI for LIHTC Units	$29,640 / year	$33,840 / year	$38,100 / year	$42,300 / year

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

FAQs for Applegate Village Apartments

Does Applegate Village Apartments have a waiting list?

Applegate Village 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 Applegate Village 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 Applegate Village Apartments?

Applegate Village Apartments is managed by Partnership Property Management headquartered in Greensboro, North Carolina.

In addition to Applegate Village Apartments, how many other affordable housing properties (and units) are there in Sanford?

In addition to Applegate Village Apartments, we list 36 other affordable properties in Sanford. Learn about these properties here. Our data research shows that there are a total of 1390 affordable units in Sanford.

When was the Applegate Village Apartments listing last updated?

Applegate Village Apartments listing on Affordable Housing Online was last updated on 07/17/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.