South Carolina 707, Myrtle Beach, SC 29588
Waiting List Forecast: Likely Short or None
Verified for 2022 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
The Highlands at Socastee is a brand new multi-family development located in Socastee, SC. The community consists of a combination of two and three story buildings to create a beautiful community. The Highlands contains a total of 44 units, with a break down of 20 two bedroom units and 24 three bedroom units. Each two bedroom two bath unit contains a minimum of 1,000 square feet, while each three bedroom two bath unit contains 1,200 square feet.
The Highlands contains all electric amenities including, but not limited to: Full size Energy Star rated refrigerator-freezer with ice maker, dishwasher, stove, above range mounted microwave, washer and dryer hook ups, ceiling fans, outside storage units for each resident, beautiful interiors and more! Also onsite: 1,200 square foot Community Center with tables and chairs for resident gatherings and meetings, exercise room with nautilus type exercise equipment, Computer Center, laundry facility and a playground with covered shelter located nearby for resident convenience.
For further information on how to apply to live in this beautiful, new community, please call (843) 215-0222.
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 The Highlands at Socastee 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.
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| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $25,350 / year | $28,950 / year | $32,550 / year | $36,150 / year | $39,050 / year | $41,950 / year | $44,850 / year | $47,750 / year |
| 50% AMI for PBRA Units | $25,350 / year | $28,950 / year | $32,550 / year | $36,150 / year | $39,050 / year | $41,950 / year | $44,850 / year | $47,750 / year |
| 60% AMI for LIHTC Units | $30,420 / year | $34,740 / year | $39,060 / year | $43,380 / year | $46,860 / year | $50,340 / year | $53,820 / year | $57,300 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Highlands at Socastee have a waiting list?
The Highlands at Socastee 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 The Highlands at Socastee?
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 The Highlands at Socastee?
The Highlands at Socastee is managed by Guardian Real Estate Services headquartered in Portland, Oregon.
In addition to The Highlands at Socastee, how many other affordable housing properties (and units) are there in Myrtle Beach?
In addition to The Highlands at Socastee, we list 18 other affordable properties in Myrtle Beach. Learn about these properties here. Our data research shows that there are a total of 1036 affordable units in Myrtle Beach.
Affordable housing is for both families and individuals.
There is no requirement to have family members or children to live in affordable housing. Single persons are eligible for housing.Monica Blackwell says:
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