Prosperity Ridge Apartments LIHTCPB Section 8 Kannapolis, NC

Profile last updated · Data vintage: HUD LIHTC 2024

Prosperity Ridge Apartments is a Low-Income Housing Tax Credit (LIHTC) community in Kannapolis, NC with 60 units. Rents are set relative to household income.

60
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC), Project-Based Section 8
Address1430 El Paso Street, Kannapolis, NC 28083 Map →
Tax-credit (LI) units60
Placed in service8888

How to apply at Prosperity Ridge Apartments

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 1430 El Paso Street, Kannapolis; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in Kannapolis

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Forest Park Crossing LIHTCPB Section 8Kannapolis1.1 km
The Reserve at Grace's Point LIHTCPB Section 8Kannapolis1.4 km
Coldwater Ridge Apartments Ii LIHTCPB Section 8Kannapolis2.4 km
Arc/hds Piedmon PB Section 8Kannapolis3.4 km
Wesbury Apartments PB Section 8Concord4.4 km
Wesbury Plaza §202 SeniorConcord4.4 km

← All subsidized housing in Kannapolis

Frequently asked questions

What kind of subsidy does Prosperity Ridge Apartments have?
Low-Income Housing Tax Credit (LIHTC); Project-Based Section 8. LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Prosperity Ridge Apartments?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Prosperity Ridge Apartments?
Contact the management office at 1430 El Paso Street in Kannapolis. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.