The eligibility requirements for a Housing Choice Voucher Program are not senior-specific, which means that any household with a head over 19 years old can enroll in the program. Malls in the area include the upscale SouthPark Mall and the more affordable Carolina Place Mall in south Charlotte and the Northlake Mall in northwestern Charlotte. While there are numerous programs and millions of units on the market specifically for low income seniors, finding those units can be challenging. Catch a live concert at the Fillmore Charlotte, explore the NASCAR Hall of Fame, catch a game at NBAs Spectrum Theater, explore Discovery Place Science, or ride the rollercoasters at Carowinds. Affordable Sports Historic Suburban Great Schools The city of Concord is a large suburb of North Carolina, located just 25 miles northeast of Charlotte. There are plenty of parking spaces available at each of the light rails stations. Therefore, for seniors to be eligible for Section 202, the household's total income must be less than $18,845.10 per year. Low Income (0) Luxury (0) Cheap (0) Keywords. Compare floor plans, amenities, and photos to find the best Apartments for you. By submitting this form, you agree to SeniorGuidance.org's Terms of Use, Privacy Policy and agreement to be contacted by us, or our partner providers, using a system that can auto-dial. The LYNX Light Rail System offers a quick way to get to Uptown and back without having to worry about dealing with traffic and finding a parking spot in the heart of the city. How Do You Get It? Overture Cotswold 55+ Active Adult Apartme Pet Friendly Senior Living in Charlotte,NC, Active Adult Senior Living in Charlotte,NC, Independent Senior Living in Charlotte,NC, Low Income Senior Living in Charlotte,NC. Instead, the unit's rent is based on the size of the unit and the income bracket the unit is associated with. There are plenty of parking spaces available at each of the light rails stations. Whether youre looking for low-key independent living apartments to vibrant 55+ retirement communities, theres something for everyone here. Carmel Hills can accommodate up to 38 senior citizens in total. Charlotte, NC 28227. Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement. It can accommodate 119 senior citizens in total. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Are you also interested in learning about long-term care insurance and how it can cover all senior living costs? Get involved in your new community and enjoy camaraderie at our resident socials. Cabs are also available, although this mode of transportation isn't the cheapest. The LIHTC program is the most federally funded housing program in the United States, representing approximately 90% of all low income housing units available in the US. North Carolina also requires a household member to be either a US citizen or a naturalized alien resident. Apply to multiple properties within minutes. Brookdale Cotswold is a 55 and older residence for seniors located at 3610 Randolph Road, 28211 zip code, belonging to the Mecklenburg area. Additional senior living options in Charlotte, North Carolina: If you are looking for assisted living options in Charlotte, see Assisted Living in Charlotte, NC that includes all assisted living communities. If you prefer, you can get all information about this facility by calling us at (866) 892-7533. Brookdale Carriage Club Providence I is a senior living community located at 5802 Old Providence Road in Mecklenburg County. View affordable apartments and waiting lists in cities near Charlotte, Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Fitness Center Please enter your phone number, starting with area code. Your email address should include an @ and a valid extension. It provides a total of 48 senior apartment units. Apply to multiple properties within minutes. The eligibility income to qualify for a voucher must be below $31,408.50 per year, which means that any person or household with a total combined income that exceeds this amount will not be qualified. It provides a total of 90 senior apartment units. Waltonwood At Providence is a 55 and over senior housing complex situated at 11945 Providence Road in Mecklenburg county and offers senior living in Charlotte, North Carolina. Corpyou NC. Another component of Section 202 is to subsidize rents for the elderly tenants who live in a Section 202 property. Some states define low income as having a total income less than 30 to 80 percent of the AMI. Check out photos and find out information about neighborhoods, schools, nearby public transit, and more by clicking on any of these 373 Charlotte income restricted apartments. It has capacity of 53 senior apartments. Low Income Senior Apartments in Charlotte, NC. It is expected that when the last of the generation of baby boomers reaches the age of 65, the senior population in the US will have reached 22 percent. If you prefer to get all information by phone, please call (888) 595-9101. Let Apartments.com help you find the perfect senior housing apartment in Charlotte. Atria Merrywood provides a total of 20 55+ senior apartments. The Queen City offers several shopping centers, including malls and retail plazas, and it isn't hard to find apartments in Charlotte that are close to at least one of them. Refrigerator The city of Charlotte has earned its spot on countless Best Places to Live lists for its seemingly endless entertainment options. The NASCAR Hall of Fame is a popular destination for race fans, The Carowinds Intimidator is one of the country's tallest steel roller coasters, The Duke Energy Center is one of the nation's tallest buildings. This is your time to shine, and Apartment Finder has the ideal senior housing apartment in Charlotte. Cabs are also available, although this mode of transportation isn't the cheapest. Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement. The rent seniors have to pay is usually determined by the resident's monthly adjusted income. There are a great number of seniors that have retired and depend on a single fixed income so affordability is of great concern to them. Many of these seniors do not have the ability to purchase a home and many that can purchase wont because of the upkeep involved. For an instant quote today please visit epremiuminsurance.com or call 1-800-319-1390. Typically, when there is an increase in demand for something prices will rise. In addition, this section provides non-profit community housing developers the ability to apply for extremely low-rate senior apartment development loans from the federal government. Good News! As part of the 28210 zip code area, it can provide senior living accommodations for North Carolina senior citizens who are searching for independent or assisted housing in Charlotte. Therefore, community owners under the LIHTC program can designate different units and assign them to specific income brackets. This means the unit is not subsidized by the government or restricted to certain income levels. Then, the property owner turns the voucher in to be reimbursed for the rest of the rent. Senioridy is an online search platform that is free to use, requires no sign up and it allows seniors and their loved ones to search for whatever type of unit they need. 1-2 Beds, $1,075 Charlotte HUD Rental Assistance Income Qualifications. 2002-2023 ApartmentSmart.com, Inc.Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs. It is important to carefully evaluate a unit to ensure that it is a safe option for a senior that may have physical challenges. The American population is getting older and many of those aging baby boomers are on looking for a place to live in the Charlotte, North Carolina area. How to Look for Senior Housing Options in Charlotte, NC, How Charlotte Seniors Can Pay for Low Income Senior Housing. So, if fair market value for a rental unit would be $900, the senior only pays a small portion of that rent while the federal government pays the property owner the rest. 227 W 4th St. Charlotte, NC 28202. 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. Nursing & Convalescent Homes Rest Homes Social Service Organizations. Queen City Assisted Living is a 55 and older apartments community situated at 1700 Montana Drive, 28216 zip code inside Mecklenburg County. Your consent is not required to use the service. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.StudioOne BRTwo BRThree BRFour BRCharlotte, North Carolina Fair Market Rent$1,154$1,180$1,333$1,691$2,183Charlotte, North Carolina Payment Standard Range$1,039 to $1,269$1,062 to $1,298$1,200 to $1,466$1,522 to $1,860$1,965 to $2,401@media(max-width:768px){.fmr-table td:nth-of-type(1):before{content:"Studio"}; } @media (max-width:768px){ .fmr-table td:nth-of-type(2):before{content:"One"}; } @media (max-width:768px){ .fmr-table td:nth-of-type(3):before{content:"Two"}; } @media (max-width:768px){ .fmr-table td:nth-of-type(4):before{content:"Three"}; } @media (max-width:768px){ .fmr-table td:nth-of-type(5):before{content:"Four"}; }}. Charlotte Wheelchair Accessible Apartments. There are a great number of seniors that have retired and depend on a single fixed income so affordability is of great concern to them. Housing costs have outpaced household income increases 2.) On top of that, Charlotte is attracting an influx of seniors because the medical costs in Charlotte are 5% lower than the national average. The Crossings At Steele Creek is a 55 and older apartments community situated at 13600 S. Tryon Street, 28278 zip code inside Mecklenburg County. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). It has capacity of 95 senior citizens. Seniors tend to have increasing medical expenses as they continue to grow old, which can cause a financial burden that must be considered when looking for affordable living options. Set a destination, transportation method, and your ideal commute time to see results. Cherry Gardens Award winning design and top of the line amenites make Cherry Gardens the best of Charlotte! The Renaissance is located on the bus line and is only minutes away from Interstate 85, Interstate 77 and Uptown. Fortunately, the US Government has developed a few subsidized living programs that cater to the needs of the elderly for Charlotte low income senior housing options. Rental assistance is a type of housing subsidy that pays for a portion of a renters monthly housing costs, including rent and tenant paid utilities. Kitchen New! The American population is getting older and many of those aging baby boomers are on looking for a place to live in the Charlotte, North Carolina area. Renting a subsidized or section 8 apartment is the best way to find affordable housing in Charlotte. You might be able to find places to ride your bike in this area, but youll most likely want your car for most errands. Brookdale South Park is a 55 and older residence for seniors located at 5326 Park Road, 28209 zip code, belonging to the Mecklenburg area. Waltonwood Cotswold is a retirement living community in 28211 zip code area, situated at 5215 Randolph Road in the Mecklenburg county. Rent Trends. As of March 2023, the average apartment rent in Charlotte, NC is $1,397 for a studio, $1,416 for one bedroom, $1,588 for two bedrooms, and $1,819 for three bedrooms. Charlotte Square is a senior apartment facility situated at 5820 Carmel Road, 28226 zip code. This helps to incentivize developers of multifamily units to create low income living spaces for the elderly in and around Charlotte. Holiday Carmel Place 5512 Carmel Rd, Charlotte, NC, 28226 Independent Living Call for Pricing (866) 882-3746 View Details 2. Radbourne Manor Iii offers North Carolina seniors looking for Mecklenburg County area apartments multiple housing options. Senior Apartments. Willow Ridge Assisted Living is a 55 and older residence for seniors located at 2140 Milton Road, 28215 zip code, belonging to the Mecklenburg area. You are almost there. Your golden years should be a time for enjoying life, not for worrying about where youre going to live. Since the number of seniors that rent versus owning their housing has increased, it has had a profound impact on real estate. Section 202, also known as the Affordable Senior Housing Program, expands HUDs Section 8 program with the additional provisions of supportive services for the elderly. Affordable Housing programs support 2 apartment communities in Pineville. LIHTC Program eligibility is based on the size of the housing unit and the income bracket assigned to that particular unit so a single elderly tenant is likely to only be eligible for a one bedroom unit. These housing complexes provide luxury assisted living apartments for the elderly North Carolina senior citizens and older adults who reside in the Charlotte area. The tax credits are an incentive for developers to build new housing or acquire and rehabilitate existing housing units to help give housing options to low 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. Atria Merrywood offers Mecklenburg County residents looking for senior living near Charlotte, North Carolina multiple senior housing options. 2002-2023 ApartmentSmart.com, Inc.Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs. Beyond the high-rises of the central business district and lively entertainment venues, Charlottes landscape features a mix of picturesque homes, historic buildings, luxury apartments, and lush greenery. The LIHTC program is different from the other programs because its rent is not based on an elderly adult's income. Dog & Cat Friendly Charlotte, NC 28208 Contact Us: tel 980-430-3565 fax 980-498-1996 Barringer Gardens Barringer Gardens is a three-story, HUD 202 apartment community specifically designed for older adults who are at least 62 years of age. 2 Beds, $862 - 1,405 Phone: 704-537-8190. Recommended Reading: Low Income Apartments Des Moines. Verify the identity of a landlord BEFORE you complete an application to protect against identify theft. Search for a subsidized apartment Public Housing and Housing Choice Vouchers (Section 8) We value your privacy. Charlotte is not the only city that is seeing an influx of its senior population. Fortunately, the US Government has developed a few subsidized living programs that cater to the needs of the elderly for Charlotte low income senior housing options. The Parc At Sharon Amity contains 64 apartments for older adults in total. There are no open Section 8 Housing Choice Voucher waiting lists in Charlotte. Charlotte Square provides a total of 125 55+ senior apartments. Low Rent Apartments in Charlotte, North Carolina 2-3 Beds, Call for Rent Catch a live concert at the Fillmore Charlotte, explore the NASCAR Hall of Fame, catch a game at NBAs Spectrum Theater, explore Discovery Place Science, or ride the rollercoasters at Carowinds. Her advice has been sought and published on several national media websites, including the U.S. News and Quicken Loans websites. Locals frequent Uptown Charlotte for its local attractions, nightlife spots, and abundant shopping. Page 1 of 2. If you prefer, you can get all costs information by calling us at (866) 892-7533. Because there is such a high demand for the spaces and so few search platforms available, locating and securing low income senior housing in Charlotte, NC can be a time consuming process. Is There Low Cost Senior Housing in Charlotte? Email me listings and apartment related info. Act now and your $ purchase will include 9 additional FREE application submissions to participating properties. In North Carolina, the definition of low income is when a households total income is below 30% of the AMI of the state. Concierge Refrigerator Thank you. The rent that each household will pay will not be based on the household's Monthly Adjusted Income. Find out how to detect a scam and report a listing. We would just like to know who and where to send it to. You are almost there. Apartment rent in Charlotte has decreased by -5.4% in the past year. Why Are Aging Adults Moving to Charlotte, NC? Does your loved one have dementia or Alzheimer's disease? You must save a search in order to receive alerts. Check availability now! Pool Currently, Charlotte, NC has 107 senior living apartments available to rent. It is expected that when the last of the generation of baby boomers reaches the age of 65, the senior population in the US will have reached 22 percent. Mint Hill Senior Living is a retirement living community in 28227 zip code area, situated at 10830 Lawyers Glen Drive in the Mecklenburg county. Overture Chapel Hill 55+ Active Adult Apar Overture Cotswold 55+ Active Adult Apartme enter move in date in the format: 2 digit month / 2 digit day / 4 digit year. Welcome to Greenhaven Townhouses! Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Sourced from federal housing data and AffordableHousingOnline.com research. You'll likely want a car when living in this area since it has few transit options. Charlotte offers easy access to major interstates, a public transit line, and proximity to the Charlotte Douglas International Airport. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. If you prefer, you can get all costs information by calling us at (866) 892-7533. Transportation Car-Dependent 46 out of 100 WalkScore Rating Charlotte Square offers Mecklenburg County residents looking for senior living near Charlotte, North Carolina multiple senior housing options. *Please enter your address or point of interest. Of course, since affordability is relative, what is affordable to one senior in terms of rent may not be affordable to another. Brookdale South Park provides housing for senior citizens in Charlotte, NC. Fitness Center Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. 1.) 4830 Randolph Rd, Charlotte, NC 28211 $1,945 1 Bed (980) 270-1422 Springbrook Apartments 515 Springbrook Dr, Kernersville, NC 27284 $973 - 1,323 1-3 Beds (336) 920-7460 University Square +55 Senior Tax Credit 1715 Hedgelawn Dr Charlotte, NC 28262 $1,034 - 1,238 1-2 Beds Villas At Forest Park 300 S Little Texas Rd Kannapolis, NC 28083 It has capacity of 120 senior apartments. 1-2 Beds, Showing 25 of 32 Results - Keep We want to be able to answer any questions you may have. Your Name (required) Your Email (required) Your Phone (required) Subject. It lies within one mile of shopping, neighborhood services, Belmont Abbey Collage, churches and recreational facilities. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Senioridy is an online search platform that is free to use, requires no sign up and it allows seniors and their loved ones to search for whatever type of unit they need. See all 1 apartments in Glenwater at University Place, Charlotte, NC with utilities included currently available for rent. Property Type: Senior; Units: 40; Mercy Plan Belmont is an independent living apartment complex for low-income seniors. The third component of HUDs Section 202 Program is that senior residents in Charlotte can usually benefit from an on-location Service Coordinator. Most of Charlotte's existing affordable rental options are large-scale, naturally occurring affordable housing. Looking for senior housing can really be a challenge, especially if you are on a tight budget. Malls in the area include the upscale SouthPark Mall and the more affordable Carolina Place Mall in south Charlotte and the Northlake Mall in northwestern Charlotte. The senior tenants will shoulder only a small part of the rent, which is usually about 30% of their Monthly Adjusted Income or MAI. Here are the 32 best senior living apartments in or near Charlotte, NC. Seniors looking for luxury retirement options in Charlotte, North Carolina will find Waltonwood Cotswold as an excellent option. The Low Income Housing Tax Credit or LIHTC is a tax credit program that gives non-profit and for-profit housing developers tax credits in exchange for allocating a portion of their development units for low income residents and for low income senior resident. Apartments.com Claim a Provider Listing, Save your Favorite items, or Submit a new Provider Listing! Therefore, a senior resident who is looking for a Charlotte subsidized senior housing unit can probably find one under the LIHTC program. Apartment rent in Commonwealth has increased by 9.1% in the past year. Seniors that have more flexibility in location can search for living options available in other cities that are nearby. HUD contributes the rental subsidies directly to qualified landlords to supplement the rental payments. Each voucher is given directly to the qualified resident, giving them the option of relocating and choosing from any of the Charlotte low income senior housing communities that accept housing vouchers. Senior Apartments for Rent in Concord NC - 950 Rentals | Apartments.com Concord Start your engines - we're off to Concord! Email me listings and apartment related info. But more populated areas also come packaged with a higher cost of living, including monthly rent payments. The senior tenants will shoulder only a small part of the rent, which is usually about 30% of their Monthly Adjusted Income or MAI. Overture Cotswold 55+ Active Adult Apartme *Please enter your address or point of interest. The broader Renaissance redevelopment initiative hopes to make a greater impact beyond the physical footprint of the redevelopment site. You must save a search in order to receive alerts. This burden can seriously limit the amount that seniors can afford for rent payments. Legacy Heights Senior Living Community provides senior citizen apartments in Charlotte, NC. Brookdale Cotswold provides housing for senior citizens in Charlotte, NC. Known as the Queen City, Charlotte is North Carolinas busiest city with over 800,000 residents. 2-3 Beds, $685 - 800 While the elderly resident will only pay a small, pre-determined portion of the actual rent, the government will pay the remainder of the rent to the housing provider so that they receive full market value for rent each month. Or sign in if you already have an account, 6023 Tindall Park Dr, Charlotte, NC 28210, 6805 Walnut Branch Rd, Charlotte, NC 28277, 1055 Hatchers Pond Ln, Morrisville, NC 27560, 6930 Prosperity Rd, Huntersville, NC 28078, 3504 Broadstone Village Dr, High Point, NC 27260, 2355 Copperstone Dr, High Point, NC 27265, 200 Brannigan Village Dr, Winston-Salem, NC 27127, 5910 Farrington Rd, Chapel Hill, NC 27517, 515 Springbrook Dr, Kernersville, NC 27284.