New Hope, Inc

2111 Pine Forest Drive, Florence, SC 29505

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2019 by Colleen Carter, Ric Gresia
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Waitlist Forecast

Since this property is a Section 811 property and includes rental assistance, it will tend to have a longer waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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 New Hope, Inc

As a Section 811 property, this apartment community only allows persons with disabilities. A person of any age with a disability, and an income at or below 50% of the Area Median Income (AMI), qualifies for residency. In addition, New Hope, Inc is highly desirable because it offers rent subsidies and will tend to have a longer waiting list. This program was first introduced in 1990, so these younger properties are generally in good condition. Since the property includes a rent subsidy, you would pay no more than 30% of your income toward rent. Most of these properties include a resident services coordinator that organizes and facilitates services like healthcare management, transportation, and social activities. If you are a low-income person with a disability and need some help maintaining independent living, this property might be right for you. Since this property participates in the HUD 811 program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for New Hope, Inc

*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
30% AMI for PBRA Units $14,800 / year $19,720 / year $24,860 / year $30,000 / year $35,140 / year $40,280 / year $43,600 / year $46,400 / year
50% AMI for LIHTC Units $24,650 / year $28,150 / year $31,650 / year $35,150 / year $38,000 / year $40,800 / year $43,600 / year $46,400 / year
50% AMI for PBRA Units $24,650 / year $28,150 / year $31,650 / year $35,150 / year $38,000 / year $40,800 / year $43,600 / year $46,400 / year
80% AMI for PBRA Units $39,350 / year $45,000 / year $50,600 / year $56,200 / year $60,700 / year $65,200 / year $69,700 / year $74,200 / year

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

FAQs for New Hope, Inc

Does New Hope, Inc have a waiting list?

New Hope, Inc probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at New Hope, Inc?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges New Hope, Inc?

New Hope, Inc is managed by Southern Development Management Company headquartered in West Columbia, South Carolina.

In addition to New Hope, Inc, how many other affordable housing properties (and units) are there in Florence?

In addition to New Hope, Inc, we list 31 other affordable properties in Florence. Learn about these properties here. Our data research shows that there are a total of 1774 affordable units in Florence.

Listings Near New Hope, Inc

Cambridge Court

550 W. Darlington St., Florence, South Carolina 29501

Irby Senior Village

125 Federal Court, Florence, South Carolina 29505

Indigo Pointe

825 S Irby St, Florence, South Carolina 29501

Crescent Villas

2424 Hoffmeyer Rd, Florence, South Carolina 29501

Crescent Villas II

320 Troxel Blvd., Florence, South Carolina 29501

The Belmont

719 S Irby St, Florence, South Carolina 29501

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.