This apartment community was built in 2003 and has 3 stories with 48 units.
Morgan's Ridge Apartments is located in Wilson, North Carolina in the 27893 zip code. This apartment community was built in 2003 and has 3 stories with 48 units.
The Morgans Ridge 1 Bedroom waiting list is currently open until further noticed. The estimated wait length is 12 months.Last updated on October 3rd, 2018
The Morgans Ridge 2 Bedroom waiting list is currently open until further notice. The estimated wait length is 6 months.Last updated on October 3rd, 2018
The Morgans Ridge 3 Bedroom waiting list is currently open until further notice. The estimated wait length is 12 months.Last updated on October 3rd, 2018
|Two Bedroom (2/1)||-||Income Based|
|Three Bedroom (3/2)||-||Income Based|
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.
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 Morgans Ridge I & II.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$22,400||$25,600||$28,800||$32,000||$34,600||$37,150||$39,700||$42,250|
|Low Income (60%)||$26,880||$30,720||$34,560||$38,400||$41,520||$44,580||$47,640||$50,700|
Morgans Ridge I & II is managed by The Pendergraph Companies, LLC.