Sandy Ridge Apartments

701 Apricot Wood Ln, Wendell, NC 27591

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Joshua Cappell
Rent Beds Baths SqFt
Call for Rents Floorplan Info Upon Request - -
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.

Dave's Thoughts On Sandy Ridge 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 Sandy Ridge 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. 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

Income Qualification for Sandy Ridge 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
50% AMI for LIHTC Units $39,700 / year $45,350 / year $51,000 / year $56,650 / year $61,200 / year $65,750 / year $70,250 / year $74,800 / year
50% AMI for PBRA Units $39,700 / year $45,350 / year $51,000 / year $56,650 / year $61,200 / year $65,750 / year $70,250 / year $74,800 / year
60% AMI for LIHTC Units $47,640 / year $54,420 / year $61,200 / year $67,980 / year $73,440 / year $78,900 / year $84,300 / year $89,760 / year

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

FAQs for Sandy Ridge Apartments

Does Sandy Ridge Apartments have a waiting list?

Sandy Ridge 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 Sandy Ridge 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.

In addition to Sandy Ridge Apartments, how many other affordable housing properties (and units) are there in Wendell?

In addition to Sandy Ridge Apartments, we list 18 other affordable properties in Wendell. Learn about these properties here. Our data research shows that there are a total of 385 affordable units in Wendell.

When was the Sandy Ridge Apartments listing last updated?

Sandy Ridge Apartments listing on Affordable Housing Online was last updated on 06/07/2024 by Joshua Cappell. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Sandy Ridge Apartments

Crestfield Apartments

719 Marshburn Road, Wendell, North Carolina 27591

bed 1
switch_access_shortcut Short Wait
accessibility Accessible

Alexander Place

105 Alexander Place Way, Wendell, North Carolina 27591

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Robbinwood Apartments

84 Hanor Lane, Wendell, North Carolina 27591

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Hampton Downs Apartments

100 Cedarfield Court, Wendell, North Carolina 27591

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Brea Wendell Falls

5809 Taylor Rd, Wendell, North Carolina 27591

bed 1-3
payment $1413-1900/mo.

Gladwen Wendell Falls

1440 Yellow Desert Way, Wendell, North Carolina 27591

bed Studio-2
payment $1275-1590/mo.
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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