Braxton Manor Senior Living Apartments is managed by Community Housing Partners.
Braxton Manor Apartments is an affordable senior living community constructed in 1922, which formerly housed Siler City High School and then Paul Braxton Elementary school. Our community offers charming studio, one and two-bedroom apartments. Residents enjoy the convenience of an elevator, keyless main entry, interior entry doors, inside mail center, onsite laundry and the community foyer and den. Close to the downtown art center and transit service available. Stop by today to meet our friendly professional management team and learn more about Braxton Manor. There is no better place to call home!
On-site Amenities
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | Call for Price |
1 Bedroom (1/1) | - | Call for Price |
2 Bedroom (2/1) | - | Call for Price |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Siler City but actual income limits may differ for units at Braxton Manor Senior Living Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $35,400 | $40,450 | $45,500 | $50,550 | $54,600 | $58,650 | $62,700 | $66,750 |
Low Income (60%) | $42,480 | $48,540 | $54,600 | $60,660 | $65,520 | $70,380 | $75,240 | $80,100 |
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.