Stone Arbor LIHTCPB Section 8 Madison, NC

Profile last updated · Data vintage: HUD LIHTC 2024

Stone Arbor is a Low-Income Housing Tax Credit (LIHTC) community in Madison, NC with 40 units. Rents are set relative to household income.

40
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
Address221 N Franklin St, Madison, NC 27025 Map →
Tax-credit (LI) units40
Placed in service1990

How to apply at Stone Arbor

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 221 N Franklin St, Madison; 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 Madison

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Mountain Villa Apartments PB Section 8Mayodan3.7 km
Ridgemont Place Apts LIHTCPB Section 8Mayodan3.7 km
Mountain Villa Apartments PB Section 8Mayodan3.7 km
Ridgemont Place Apts LIHTCPB Section 8Mayodan3.7 km
Westridge Apartments LIHTCPB Section 8Stoneville8.8 km
Adkins Glen LIHTCPB Section 8Stoneville9.8 km

← All subsidized housing in Madison

Frequently asked questions

What kind of subsidy does Stone Arbor 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 Stone Arbor?
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 Stone Arbor?
Contact the management office at 221 N Franklin St in Madison. 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.