Income Guidelines
We welcome you to apply today to reserve the home that best meets your needs.
Income-Restricted Apartments
Income-restricted apartments are part of an affordable housing program that sets limits on how much renters can earn to qualify. Rent is typically below market rates and is determined based on income limits set by federal, state, and/or local guidelines.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit Program in Charlotte, but actual income limits may differ. Please contact the leasing office for specific details. All applicants will undergo a credit screening and public records/criminal background screening along with a document verification process to ensure compliance with federal, state and local regulations that can take up to ten business days.
Low-Income Housing Tax Credit Income Limits
Maximum Allowable Income
| Number of Occupants | One | Two | Three | Four | Five | Six |
|---|---|---|---|---|---|---|
| 60% limits | $49,320 | $56,400 | $63,420 | $70,440 | $76,080 | $81,720 |
| 50% Limits | $41,100 | $47,000 | $52,850 | $58,700 | N/A | N/A |
| 30% Limits | $24,660 | $28,200 | N/A | N/A | N/A | N/A |
*Income limits subject to change in accordance with federal, state & local guidelines without notice.