100 Pondridge Lane, Lancaster, SC 29720
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $425 - 568 per Month† | 1 - 3 Beds | 1 - 2 Baths | - |
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.
Cottages at Azalea is a BRAND NEW apartment community located conveniently off of hwy 200 in Lancaster, SC. It is a rural settings but minutes away from all of your banking and shopping needs and only 35 miles from Pineville, NC. Accepts Section 8.
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 Cottages at Azalea 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 Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | $425† |
| Two Bedroom (2/2) | - | $500† |
| Three Bedroom (3/2) | - | $568† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $28,650 / year | $32,750 / year | $36,850 / year | $40,900 / year | $44,200 / year | $47,450 / year |
| 50% AMI for PBRA Units | $28,650 / year | $32,750 / year | $36,850 / year | $40,900 / year | $44,200 / year | $47,450 / year |
| 60% AMI for LIHTC Units | $34,380 / year | $39,300 / year | $44,220 / year | $49,080 / year | $53,040 / year | $56,940 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cottages at Azalea have a waiting list?
Cottages at Azalea 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 Cottages at Azalea?
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.
What property management company manges Cottages at Azalea?
Cottages at Azalea is managed by The Pendergraph Companies, LLC headquartered in Raleigh, NC.
In addition to Cottages at Azalea, how many other affordable housing properties (and units) are there in Lancaster?
In addition to Cottages at Azalea, we list 18 other affordable properties in Lancaster. Learn about these properties here. Our data research shows that there are a total of 852 affordable units in Lancaster.
When was the Cottages at Azalea listing last updated?
Cottages at Azalea listing on Affordable Housing Online was last updated on 01/02/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
Housing options for persons with disabilities.
Many housing programs have apartments or properties restricted to residents with disabilities, including Section 811 Supportive Housing for Persons with DisabilitiesGina Pocan says:
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