Ric Shelby Apartments

800 W Marion St, Shelby, NC 28150

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2019 by Colleen Carter, Ric Gresia
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Waitlist Forecast

Since this property is a Section 811 property and includes rental assistance, it will tend to have a longer waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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 Ric Shelby Apartments

As a Section 811 property, this apartment community only allows persons with disabilities. A person of any age with a disability, and an income at or below 50% of the Area Median Income (AMI), qualifies for residency. In addition, Ric Shelby Apartments is highly desirable because it offers rent subsidies and will tend to have a longer waiting list. This program was first introduced in 1990, so these younger properties are generally in good condition. Since the property includes a rent subsidy, you would pay no more than 30% of your income toward rent. Most of these properties include a resident services coordinator that organizes and facilitates services like healthcare management, transportation, and social activities. If you are a low-income person with a disability and need some help maintaining independent living, this property might be right for you. Since this property participates in the HUD 811 program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Ric Shelby 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 5 people 6 people 7 people 8 people
30% AMI for PBRA Units $14,580 / year $19,720 / year $24,860 / year $30,000 / year $35,140 / year $40,150 / year $42,950 / year $45,700 / year
50% AMI for LIHTC Units $24,250 / year $27,700 / year $31,150 / year $34,600 / year $37,400 / year $40,150 / year $42,950 / year $45,700 / year
50% AMI for PBRA Units $24,250 / year $27,700 / year $31,150 / year $34,600 / year $37,400 / year $40,150 / year $42,950 / year $45,700 / year
80% AMI for PBRA Units $38,750 / year $44,300 / year $49,850 / year $55,350 / year $59,800 / year $64,250 / year $68,650 / year $73,100 / year

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

FAQs for Ric Shelby Apartments

Does Ric Shelby Apartments have a waiting list?

Ric Shelby Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Ric Shelby Apartments?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

In addition to Ric Shelby Apartments, how many other affordable housing properties (and units) are there in Shelby?

In addition to Ric Shelby Apartments, we list 44 other affordable properties in Shelby. Learn about these properties here. Our data research shows that there are a total of 1047 affordable units in Shelby.

Listings Near Ric Shelby Apartments

Lanier Pointe I

1030-4 Sue Ln, Shelby, North Carolina 28152

Lanier Pointe II

1020-1 Sue Lane, Shelby, North Carolina 28152

Washington Square Apartments

397 Seattle St, Shelby, North Carolina 28152

Gracens Ridge Apartments

338 W College Avenue, Shelby, North Carolina 28152

Phillips Village

1619 Patrick Avenue, Shelby, North Carolina 28152

Lions Senior Village

211 N Morgan St, Shelby, North Carolina 28150

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.