About This Property
Cardinal Pointe III is a 72-unit affordable housing community in Shallotte, NC that has been in service since 2007. The property includes 57 low-income units with a mix of one-bedroom, two-bedroom, and three-bedroom floor plans and serves families, disabled individuals, and homeless populations. The community is funded through 9% Low-Income Housing Tax Credits and is managed by its operating entity.
Property Details
Fair Market Rent - Brunswick County, NC
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $951 |
| 1 Bedroom | $1,008 |
| 2 Bedroom | $1,132 |
| 3 Bedroom | $1,595 |
| 4 Bedroom | $1,921 |
Income Limits - Brunswick County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,750
- Very Low (50%)
- $26,250
- Low (80%)
- $42,000
- Extremely Low (30%)
- $18,000
- Very Low (50%)
- $30,000
- Low (80%)
- $48,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,750
- Low (80%)
- $54,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,500
- Low (80%)
- $60,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,500
- Low (80%)
- $64,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,500
- Low (80%)
- $69,600
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,500
- Low (80%)
- $74,400
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,500
- Low (80%)
- $79,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,750 | $26,250 | $42,000 |
| 2 Persons | $18,000 | $30,000 | $48,000 |
| 3 Persons | $21,960 | $33,750 | $54,000 |
| 4 Persons | $26,500 | $37,500 | $60,000 |
| 5 Persons | $31,040 | $40,500 | $64,800 |
| 6 Persons | $35,580 | $43,500 | $69,600 |
| 7 Persons | $40,120 | $46,500 | $74,400 |
| 8 Persons | $44,660 | $49,500 | $79,200 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Shallotte, NC?+
The Fair Market Rent (FMR) for Brunswick County, NC is: $951 (Studio), $1008 (1BR), $1132 (2BR), $1595 (3BR), $1921 (4BR). Actual rent at subsidized properties like Cardinal Pointe Iii is typically 30% of household income or less.
What size apartments are available at Cardinal Pointe Iii?+
Cardinal Pointe Iii offers the following unit types: 1 One-Bedroom, 39 Two-Bedroom, 32 Three-Bedroom units, for a total of 72 units.
What is the price range for apartments in Shallotte, NC?+
Based on Fair Market Rent for Brunswick County, the estimated price range is: 1-bedroom: $1008, 2-bedroom: $1132, 3-bedroom: $1595. Actual rent at Cardinal Pointe Iii may be lower for income-eligible households.
Who is eligible to live at Cardinal Pointe Iii?+
Cardinal Pointe Iii primarily serves families, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Brunswick County, NC?+
For a 4-person household in Brunswick County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,500, Low Income (80% AMI): $60,000. These limits are set by HUD and updated annually.
How do I apply for housing at Cardinal Pointe Iii?+
Cardinal Pointe Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Cardinal Pointe Iii?+
Cardinal Pointe Iii is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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