2024	Median Family Income	2024 Yearly Income Limit	2024 Yearly Income Limit - Person(s) in Family
Income Limits		Category	1	2	3	4	5
Cabarrus County, NC	$106,000	Very Low Income (50%)	$37,100	$42,400	$47,700	$53,000	$57,250
Extremely Low Income (30%)	$22,300	$25,450	$28,650	$31,800	$36,580
Low Income (80%)	$59,400	$67,850	$76,350	$84,800	$91,600

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HUD Housing Low Income Tax Credit (LIHTC) Properties In Kannapolis, NC

Listed below are the Section 42, LIHTC apartments in Kannapolis, NC. LIHTC apartment rents are not based on the tenants income. Income credit set aside brackets are selected during the apartment credit applications are used to determine the apartment rents.

The rents are based upon the Area Medium Income (AMI) and tenant based utility allowances. At least 20% of these apartments (listed below), must provide these low rates for low-income tenants.

HUD housing LIHTC Eligibility Requirements

Income: Households must earn below a certain income level, which is set by the HUD and varies by location. In general, households must earn below 60% of the area median income (AMI) to be eligible for LIHTC housing.
Citizenship or residency status: Households must be U.S. citizens or legal permanent residents.
Need for housing assistance: Households must have a demonstrated need for housing assistance. This means that they must be unable to afford housing on their own.

In addition to the above requirements, some LIHTC properties may have additional eligibility requirements, such as age restrictions or preferences for certain types of households (e.g., families with children, veterans, etc.).

To determine if you are eligible for LIHTC housing, you can contact your local housing authority (listed above) or search for LIHTC properties (listed below).

LIHTC Maximum Rents

The maximum allowable rents are equal to 30% of the Area Medium Income (AMI), less the utility allowances.

HUD Fair Market Rents for Kannapolis, NC Cabarrus County

Apartment Size	HUD's Monthly Fair Market Rent For Area	LIHTC Maximum Rent
Studio Apartments	$1347	Estimated $404.10 - utility allowance
One Bedroom Apartments	$1384	Estimated $415.20 - utility allowance
Two Bedroom Apartments	$1554	Estimated $466.20 - utility allowance
Three Bedroom Apartments	$1936	Estimated $580.80 - utility allowance

Available LIHTC Properties In Kannapolis, NC

Using the table above you can estimate what you would be paying by checking the LIHTC Maximum Rent section.

Contact these properties for openings and wait lists and price lists.

Prosperity Ridge Apartments

1430 El Paso Street
Kannapolis, NC - 28083
Total Apartment Units: 60
Total Apartment Low Income Apartments: 60
1 Bedroom apartments 39
2 Bedroom apartments 21
Senior Apartments: YES

Oak Crest Apartments

1701 Oak Crest Drive
Kannapolis, NC - 28083
Total Apartment Units: 100
Total Apartment Low Income Apartments: 100
2 Bedroom apartments 40
3 Bedroom apartments 48
4 Bedroom apartments 12
Years In Service Since: 1997
Family Apartments: YES

Villas At Forest Park

300 Sandy Ct
Kannapolis, NC - 28083
Total Apartment Units: 64
Total Apartment Low Income Apartments: 64
1 Bedroom apartments 42
2 Bedroom apartments 22
Years In Service Since: 2009
Senior Apartments: YES

Forest Park Crossing

1065 Ridgeway Dr
Kannapolis, NC - 28083
Total Apartment Units: 56
Total Apartment Low Income Apartments: 56
1 Bedroom apartments 8
2 Bedroom apartments 24
3 Bedroom apartments 24
Years In Service Since: 2012
Family Apartments: YES

University Park

2137 University Drive
Kannapolis, NC - 28083
Total Apartment Units: 100
Total Apartment Low Income Apartments: 100
2 Bedroom apartments 30
3 Bedroom apartments 40
4 Bedroom apartments 30
Years In Service Since: 2015
Family Apartments: YES

Autumn Crest

905 Sears Street
Kannapolis, NC - 28083
Total Apartment Units: 87
Total Apartment Low Income Apartments: 87
2 Bedroom apartments 64
3 Bedroom apartments 23
Years In Service Since: 2015
Family Apartments: YES

Coldwater Ridge Apartments

2365 Coldwater Ridge Drive
Kannapolis, NC - 28083
Total Apartment Units: 60
Total Apartment Low Income Apartments: 60
2 Bedroom apartments 36
3 Bedroom apartments 24
Years In Service Since: 2017
Family Apartments: YES

HUD Housing Section 8 and Multifamily Properties in Kannapolis, NC

The US Department of Housing and Urban Development provides active listings of Section 8 and Multifamily apartments. We have listed them below for you to contact. Check with them to see if they have current availabilities and/or waiting lists. With Section 8 properties, you will need a voucher. Contact the Cabarrus County Public Housing Authorities, listed at the top of this page.

Eligibility for HUD Housing Section 8, you must meet the following requirements:

Income: Your income must be below a certain level, which is set by the HUD and varies by location. In general, households must earn below 50% of the area median income (AMI) to be eligible for Section 8 housing.
Citizenship or residency status: You must be a U.S. citizen or legal permanent resident.
Need for housing assistance: You must have a demonstrated need for housing assistance. This means that you must be unable to afford housing on your own.

In addition to the above requirements, some Section 8 programs may have additional eligibility requirements, such as age restrictions or preferences for certain types of households (e.g., families with children, veterans, etc.).

To determine if you are eligible for Section 8 housing, you can contact your local Public Housing Authority (listed above). The Public Housing Authorities can provide you with information on the application process and help you determine if you are eligible for Section 8 assistance.

Tips To Get In To Section 8 Housing:

Local Rules: Each local housing authority has different rules around Section 8. Decide where you want to live and find the housing authorities in charge of those neighborhoods.
Applying for a Voucher: Contact your local Public Housing Agency (PHA) to apply for a voucher. They can tell you if they’re currently accepting new applicants and provide application details.
Payment Standards: Section 8 doesn’t specify a fixed dollar amount for rent assistance. Instead, the PHA sets a payment standard based on local housing market rates.

Chc Of Cabarrus County

2158 Windermere Dr
Kannapolis, NC - 28083
Phone: 704-933-7938
Total Apartment Units: 6
Type of Listing: 202/811

Section 202 Supportive Housing for the Elderly Program
Occupancy in Section 202 housing is open to any very low-income household comprised of at least one person who is at least 62 years old at the time of initial occupancy.
Section 811 - Supportive Housing for Persons with Disabilities
The Section 811 program allows persons with disabilities to live as independently as possible in the community by subsidizing rental housing

Westgreen Apartments

620 Atlantic Court
Kannapolis, NC - 28081
Phone: 7049329177
Total Apartment Units: 100
Type of Listing: Insured-Subsidized

Cabarrus Arms Apartments

450 Cabarrus Arms Drive
Kannapolis, NC - 28081
Phone: 7049339513
Total Apartment Units: 76
Type of Listing: Subsidized - Previously Insure

Arc/hds Piedmont Icf/mr Group Home

1006 Michigan St
Kannapolis, NC - 28083
Phone: 7049389712
Total Apartment Units: 6
Type of Listing: Subsidized - Previously 202/81

Section 202 Supportive Housing for the Elderly Program
Occupancy in Section 202 housing is open to any very low-income household comprised of at least one person who is at least 62 years old at the time of initial occupancy.

University Park Apartments

1760 Citadel Ct.
Kannapolis, NC - 28083
Phone: 7049332177
Total Apartment Units: 100
Type of Listing: Insured-Subsidized

Arc/hds Cabarrus Co Gh #1

1201 Chipola Rd
Kannapolis, NC - 28083
Phone: 7049324172
Total Apartment Units: 6
Type of Listing: Subsidized - Previously 202/81

Section 202 Supportive Housing for the Elderly Program
Occupancy in Section 202 housing is open to any very low-income household comprised of at least one person who is at least 62 years old at the time of initial occupancy.

Qualifying For HUD Housing Section 8 Vouchers In Kannapolis, NC

HUD Housing eligibility is determined by the Cabarrus County Public Housing Authority.

HUD Income Limits 2024 in Kannapolis, NC.