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Cottages at Glendale

400 Pike St, Wilson, North Carolina 27893

Cottages At Glendale is located in Wilson, North Carolina and is owned by Cottages At Glendale LLC. This Low Income Housing (LIH) project has been in service since 2010 and has a total of 40 low income units, which is average for LIH properties. 20 of these units are set aside with rent lower than the rent/income ceiling. If you are interested in securing housing here, call Frankie Pendergraph at (919) 755-0558.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - From $380 To $410
Two Bedroom (2/2) - From $450 To $480

Cottages at Glendale Details

  • 40 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Office Hours

Day Hours
Monday 8:30am-5:30pm
Tuesday 8:30am-5:30pm
Thursday 8:30am-5:30pm

Low-Income Housing Tax Credit (LIHTC)

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.

Wilson Low-Income Housing Tax Credit Income Limits

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 Wilson but actual income limits may differ for units at Cottages at Glendale.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $21,350 $24,400 $27,450 $30,500 $32,950 $35,400 $37,850 $40,300
Low Income (60%) $25,620 $29,280 $32,940 $36,600 $39,540 $42,480 $45,420 $48,360

Cottages at Glendale is managed by The Pendergraph Companies, LLC.

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