About This Property
5623 Woodard St is a one-unit affordable housing property in Charlotte, NC that has served low-income residents since 1995. The property contains a single three-bedroom unit and receives 9% Low-Income Housing Tax Credit (LIHTC) funding.
Waitlist Information
Waitlist managed by Inlivian
Eligibility for income-based housing requires meeting income limits and other qualifications, including proof of 6-month full-time employment, income verification, and passing credit, criminal, and eviction background checks for mixed-income properties.
Vouchers are limited to extremely low to low-income families. Eligibility is determined by annual gross income, criminal background check, eligible immigration status, and previous behavior in other assisted housing. A mandatory work requirement of 20 hours per week is in effect for non-elderly/non-disabled households.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Mecklenburg 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 | $1,347 |
| 1 Bedroom | $1,384 |
| 2 Bedroom | $1,554 |
| 3 Bedroom | $1,936 |
| 4 Bedroom | $2,481 |
Income Limits - Mecklenburg County, NC
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,700
- Very Low (50%)
- $29,500
- Low (80%)
- $47,150
- Extremely Low (30%)
- $20,200
- Very Low (50%)
- $33,700
- Low (80%)
- $53,900
- Extremely Low (30%)
- $22,750
- Very Low (50%)
- $37,900
- Low (80%)
- $60,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,100
- Low (80%)
- $67,350
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,500
- Low (80%)
- $72,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,850
- Low (80%)
- $78,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,250
- Low (80%)
- $83,550
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,600
- Low (80%)
- $88,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,700 | $29,500 | $47,150 |
| 2 Persons | $20,200 | $33,700 | $53,900 |
| 3 Persons | $22,750 | $37,900 | $60,650 |
| 4 Persons | $26,500 | $42,100 | $67,350 |
| 5 Persons | $31,040 | $45,500 | $72,750 |
| 6 Persons | $35,580 | $48,850 | $78,150 |
| 7 Persons | $40,120 | $52,250 | $83,550 |
| 8 Persons | $44,660 | $55,600 | $88,950 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Charlotte, NC?+
The Fair Market Rent (FMR) for Mecklenburg County, NC is: $1347 (Studio), $1384 (1BR), $1554 (2BR), $1936 (3BR), $2481 (4BR). Actual rent at subsidized properties like 5623 Woodard St is typically 30% of household income or less.
What size apartments are available at 5623 Woodard St?+
5623 Woodard St offers the following unit types: 1 Three-Bedroom units, for a total of 1 units.
What are the income limits for affordable housing in Mecklenburg County, NC?+
For a 4-person household in Mecklenburg County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,100, Low Income (80% AMI): $67,350. These limits are set by HUD and updated annually.
What is the price range for apartments in Charlotte, NC?+
Based on Fair Market Rent for Mecklenburg County, the estimated price range is: 3-bedroom: $1936. Actual rent at 5623 Woodard St may be lower for income-eligible households.
Who manages 5623 Woodard St?+
5623 Woodard St is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for 5623 Woodard St?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at 5623 Woodard St?+
5623 Woodard St 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.
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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