Timberlane Apartments

190-C Murray Hill Road, Southern Pines, North Carolina 28387

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 680 $586
Two Bedroom (2/1) 900 $691

About Timberlane Apartments

Timberlane Apartments is a wonderful affordable community located in Southern Pines, NC. We offer 1 & 2 bedroom apartments with wall to wall carpeting, spacious closets, central heat & air and more! We are located near shopping, public transportation access, schools and much more! Call or stop by today!

Property Details

  • 74 one and two bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Playground
  • 24hr Emergency Maintenance
  • On-Site Parking

Unit Amenities

  • Handicapped Accessible
  • Washer/Dryer Hookup
  • Walk-in Closet(s)
  • Spacious Closets
  • Window Coverings
  • Private Entrance
  • Refrigerator

Nearby Amenities

  • Close to Dining
  • Close to Downtown District
  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital
  • Near Library
  • Near Park
  • Near Schools

Section 42 Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, monthly rent cannot exceed the Tax Credit maximum rent for the area. Households earning less than 60% of the area median income qualify for units with reduced rent. Some rental units in this property may not be subject to LIHTC and therefore may be set at levels higher than the area's LIHTC limits.

Southern Pines Low Income Housing Tax Credit Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% $23,250 $26,550 $29,850 $33,150 $35,850 $38,500 $41,150 $43,800
60% $27,900 $31,860 $35,820 $39,780 $43,020 $46,200 $49,380 $52,560

Timberlane Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Timberlane Apartments is managed by Partnership Property Management.

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Image of Timberlane Apartments
Image of Timberlane Apartments
Image of Timberlane Apartments
Image of Timberlane Apartments
Image of Timberlane Apartments
Image of Timberlane Apartments