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It consists of 549 apartments in two sections of the building. The primary section is a 6 story low-rise tower with 184 units and the other is 33 story tower with height of 384 feet, it contains 365 units. The low rise section has a more eclectic and relaxed feel with rent starting at $1,200 for a studio apartment.
The main Section 8 program involves the voucher program. A voucher may be either "project-based"—where its use is limited to a specific apartment complex (public housing agencies (PHAs) may reserve up to 20% of its vouchers as such [11])—or "tenant-based", where the tenant is free to choose a unit in the private sector, is not limited to specific complexes, and may reside anywhere in the ...
The “40x” rent rule states that your annual gross income should be around 40 times your monthly rent payment. For example, if your annual pre-tax income is $50,000, the rule suggests your ...
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
Charlotte’s apartment rental market is ending on an interesting note as the year comes to a close. Apartment vacancy rates sat at a high of about 12.7% at the beginning of December, according to ...
The Arlington is a 310 feet (94 m) tall mixed-use high-rise in Charlotte, North Carolina. [1] The building was the first residential high-rise and first mixed use high-rise development in the city. The developer, Jim Gross, is also noted for the first downtown residential development (Ivey's) and the first loft-style development in the city ...
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