Limited one- and two-bedroom rentals available through the Workforce Housing program.
The workforce apartments at Wallace Park are restricted to those households with 80% of Area Median Income (AMI). AMI is calculated annually by the U.S. Department of Housing and Development (HUD) and is the combined average household income for the area.
QUALIFYING INCOME LIMITS
| HOUSEHOLD SIZE | 1 Person | 2 Persons | 3 Persons | 4 Persons | |||||
|---|---|---|---|---|---|---|---|---|---|
| INCOME | $52,750 | $60,300 | $67,850 | $75,350 |
QUALIFYING RENTAL RATES
| BEDROOMS | 1 Bedroom | 2 Bedrooms | |||||
|---|---|---|---|---|---|---|---|
| RENT | $1,044* | $1,190* |
*Rents listed do not include utilities, parking, technology fees, pest control, and trash. Income limits and rents are subject to change with annual updates to the Affordable Workforce Housing program updates.
ADDITIONAL RENT AND FEES
ONE-TIME FEES
| APPLICATION | $75 per applicant over 18 Years Old |
|---|---|
| ADMIN FEE | $200 |
| DEPOSITS | $250—1 month* |
| FOB | $25 per lease holder |
| PET FEE | $350/$500 |
| PACKAGE CONCIERGE | $35 |
UTILITIES
| WATER/SEWER | Based on Usage |
|---|---|
| ELECTRIC | Duke Energy |
| RENTERS INSURANCE | Min. $100,000 Personal Liability
& $10,000 Personal Coverage |
MONTHLY FEES
| TRASH | $11 |
|---|---|
| PEST CONTROL | $5 |
| PET RENT/PET | $25 per pet |
| INTERNET/TECHNOLOGY | $55 |
APPLICATION PROCESS
Download the Release of Information and Tenant Income Certification, and submit these with your application. Once received, our team will submit all screening documents to the City of Charlotte for review and contact you with next steps.
IMPORTANT INFORMATION! Apartments will be monitored for compliance with applicable income and eligibility requirements and are subject to other restrictions. Residents are subject to annual re-certification.