Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Richland

521 N Main St, Rich Square, NC, 27869

Information verified May 9, 2026·We re-check waiting list status daily

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About This Property

Richland is a 24-unit affordable housing community in Rich Square, NC serving elderly residents. The property includes 22 one-bedroom units and 2 two-bedroom units and has been in service since 1993. All units are designated for low-income households and the property is financed through 4% Low-Income Housing Tax Credits.

Waitlist Information

Waitlist managed by Choanoke Area Development Association, Inc.

Section 8 (HCV) Waitlist
Closed
Closed July 11, 2024
Apply: Online

The waiting list will remain closed until the number of applicants on the waiting list is less than the number CADA can serve in a twelve-month period. CADA will advertise the re-opening of the waiting list at that time. The waiting list was closed automatically when 400 applications were completed.

Last verified March 6, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units
24
1 Bedroom
22
2 Bedroom
2

Fair Market Rent - Northampton County, NC

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$719
1 Bedroom$724
2 Bedroom$951
3 Bedroom$1,150
4 Bedroom$1,288

Income Limits - Northampton County, NC

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$12,880
Very Low (50%)
$20,500
Low (80%)
$32,800
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$23,400
Low (80%)
$37,450
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$26,350
Low (80%)
$42,150
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$29,250
Low (80%)
$46,800
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$31,600
Low (80%)
$50,550
6 Persons
Extremely Low (30%)
$33,950
Very Low (50%)
$33,950
Low (80%)
$54,300
7 Persons
Extremely Low (30%)
$36,300
Very Low (50%)
$36,300
Low (80%)
$58,050
8 Persons
Extremely Low (30%)
$38,650
Very Low (50%)
$38,650
Low (80%)
$61,800

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Tax Credit Program Details

Year Placed in Service
1993
LIHTC Credit Type
4%
Low-Income Units
24 / 24
Target Population
Elderly
Funding Programs
Rental Assistance

Frequently Asked Questions

What is the average rent for affordable housing in Rich Square, NC?+

The Fair Market Rent (FMR) for Northampton County, NC is: $719 (Studio), $724 (1BR), $951 (2BR), $1150 (3BR), $1288 (4BR). Actual rent at subsidized properties like Richland is typically 30% of household income or less.

What size apartments are available at Richland?+

Richland offers the following unit types: 22 One-Bedroom, 2 Two-Bedroom units, for a total of 24 units.

Who manages Richland?+

Richland is managed by . You can reach them at . Visit their website for more information.

Who is eligible to live at Richland?+

Richland primarily serves elderly residents. 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 Northampton County, NC?+

For a 4-person household in Northampton County, NC, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $29,250, Low Income (80% AMI): $46,800. These limits are set by HUD and updated annually.

Is there a waitlist for Richland?+

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 Richland?+

Richland 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.

What is the price range for apartments in Rich Square, NC?+

Based on Fair Market Rent for Northampton County, the estimated price range is: 1-bedroom: $724, 2-bedroom: $951. Actual rent at Richland may be lower for income-eligible households.

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Walk Score

Almost All Errands Require a Car

16
Walk
33
Bike

Location

Northampton County, NC

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Housing Resources in Rich Square, NC

HUD-Approved Counseling Agencies

CHOANOKE AREA DEVELOPMENT ASSOCIATION OF NC, INC.

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops