North Carolina

Tax credit apartments in Asheville, NC

HUD's database lists 34 properties in Asheville built or rehabbed with low-income housing tax credits: 2,346 apartments, 2,473 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Arrowhead Apartments

100 Cheerio Lane, Asheville, NC 28803

HUD lists it as senior housing · 75 studio, 41 1BR

Apartments
116
Income-restricted
116
Placed in service
n/a

Battery Park Apartments

1 Battle Square, Asheville, NC 28801

HUD lists it as senior housing · 113 1BR, 8 2BR

Apartments
122
Income-restricted
121
Placed in service
2005

Carmel Ridge Apartments

15 Carmel Ridge Cir, Asheville, NC 28806

10 1BR, 50 2BR, 20 3BR

Apartments
80
Income-restricted
80
Placed in service
2014

Compton Place

547 Eliada Home Road, Asheville, NC 28806

HUD lists it as senior housing · 32 1BR, 8 2BR

Apartments
40
Income-restricted
40
Placed in service
2003

Crowell Park

10 Coleys Cir, Asheville, NC 28806

24 1BR, 22 2BR, 17 3BR

Apartments
63
Income-restricted
63
Placed in service
2008

Crowell Square

209 Crowell Square, Asheville, NC 28806

HUD lists it as senior housing · 30 1BR, 10 2BR

Apartments
40
Income-restricted
40
Placed in service
2001

Eagle Market Place

21 Eagle St, Asheville, NC 28801

1 studio, 41 1BR, 17 2BR, 3 3BR

Apartments
62
Income-restricted
32
Placed in service
2019

Fairhaven Summit

3124 Sweeten Creek Road, Asheville, NC 28803

12 1BR, 25 2BR, 40 3BR

Apartments
77
Income-restricted
77
Placed in service
n/a

George Knight Homes At Skyland

138 Springside Road, Asheville, NC 28803

HUD lists it as senior housing · 37 1BR, 26 2BR

Apartments
63
Income-restricted
63
Placed in service
2010

Givens Gerber Park

40 Gerber Road, Asheville, NC 28803

HUD lists it as senior housing · 94 1BR, 26 2BR

Apartments
120
Income-restricted
120
Placed in service
2016

Givens Gerber Park III

50 Gerber Road, Asheville, NC 28803

HUD lists it as senior housing · 45 1BR, 15 2BR

Apartments
60
Income-restricted
60
Placed in service
2017

Glen Rock

372 Depot Street, Asheville, NC 28801

30 1BR, 27 2BR, 3 3BR

Apartments
60
Income-restricted
60
Placed in service
2010

Laurel Wood

650 Caribou Road, Asheville, NC 28803

HUD lists it as senior housing · 92 1BR, 12 2BR

Apartments
104
Income-restricted
104
Placed in service
n/a

Ledgewood Village

15 Future Drive, Asheville, NC 28803

30 1BR, 76 2BR, 54 3BR, 20 4BR

Apartments
180
Income-restricted
180
Placed in service
2001

Lee Walker Heights

17 Wilbar Avenue, Asheville, NC 28801

Apartments
0
Income-restricted
212
Placed in service
n/a

Life House Apts

100 Peachtree Road, Asheville, NC 28023

HUD lists it as senior housing · 8 1BR, 12 2BR

Apartments
20
Income-restricted
20
Placed in service
2002

Mc Cormick Heights

54 Hunt Hill Pl, Asheville, NC 28801

6 1BR, 24 2BR, 24 3BR, 6 4BR

Apartments
100
Income-restricted
60
Placed in service
1998

Mountain Springs Apts

66 Mountain Street, Asheville, NC 28801

HUD lists it as senior housing · 44 1BR

Apartments
44
Income-restricted
44
Placed in service
1995

Nhs Montford Broad

192 Montford Ave, Asheville, NC 28801

2 1BR, 13 2BR, 1 3BR

Apartments
16
Income-restricted
16
Placed in service
2000

Nhs Scattered Site

Asheville, NC

3 1BR, 12 2BR, 1 3BR

Apartments
16
Income-restricted
16
Placed in service
2000

Northpoint Commons

44 Reynolds Mountain Blvd, Asheville, NC 28804

4 1BR, 28 2BR, 7 3BR

Apartments
39
Income-restricted
39
Placed in service
2005

Northpoint Commons II

44 Reynolds Mountain Blvd, Asheville, NC 28804

4 1BR, 22 2BR, 4 3BR

Apartments
30
Income-restricted
30
Placed in service
2007

Overlook Apts

127 Bartlett Street, Asheville, NC 28801

HUD lists it as senior housing · 48 1BR

Apartments
48
Income-restricted
48
Placed in service
1998

Redwood Commons

21 Governors View Rd, Asheville, NC 28805

HUD lists it as senior housing

Apartments
70
Income-restricted
70
Placed in service
2024

Spruce Hill

201 Spruce Hill Court, Asheville, NC 28805

1 studio, 45 1BR, 64 2BR, 44 3BR, 20 4BR

Apartments
174
Income-restricted
174
Placed in service
2016

Star Point

16 Restaurant Court, Asheville, NC 28805

14 studio, 35 1BR, 11 2BR

Apartments
60
Income-restricted
60
Placed in service
n/a

The Griffin Apts

35 Grove Street, Asheville, NC 28801

15 studio, 15 1BR, 20 2BR

Apartments
50
Income-restricted
50
Placed in service
2006

The Homestead Apartments

311 Aiken Road, Asheville, NC 28804

12 1BR, 20 2BR

Apartments
32
Income-restricted
32
Placed in service
2012

The Larchmont

30 E Larchmont Road, Asheville, NC 28804

32 1BR, 23 2BR, 5 3BR

Apartments
60
Income-restricted
60
Placed in service
2012

The Villas At Fallen Spruce

100 Boxelder Cir, Asheville, NC 28806

HUD lists it as senior housing · 12 1BR, 43 2BR

Apartments
55
Income-restricted
55
Placed in service
2015

Vanderbilt Apartments

75 Haywood Street, Asheville, NC 28801

HUD lists it as senior housing · 42 studio, 81 1BR

Apartments
123
Income-restricted
123
Placed in service
2007

Westmore

42 Westmore Drive, Asheville, NC 28806

13 1BR, 37 2BR, 20 3BR, 2 4BR

Apartments
72
Income-restricted
72
Placed in service
2011

Wind Ridge

100 Wind Ridge Drive, Asheville, NC 28806

30 2BR, 10 3BR

Apartments
40
Income-restricted
40
Placed in service
2001

Woodridge Apts

61 Bingham Road, Asheville, NC 28806

18 1BR, 40 2BR, 40 3BR, 12 4BR

Apartments
110
Income-restricted
96
Placed in service
1998

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.