Cascade Garden Apartments
707 Cascade Street, Mooresville, NC 28115
HUD lists it as senior housing · 43 1BR, 25 2BR
- Apartments
- 68
- Income-restricted
- 68
- Placed in service
- 2021
North Carolina
Tax credit apartments in Mooresville, NC
HUD's database lists 10 properties in Mooresville built or rehabbed with low-income housing tax credits: 614 apartments, 614 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 Listings come from HUD's database and may be out of date.
Castlebar Village
1130 N Main St, Mooresville, NC 28115
HUD lists it as senior housing · 8 1BR, 39 2BR
- Apartments
- 47
- Income-restricted
- 47
- Placed in service
- n/a
Colonial Ridge
109 Colonial Ridge Circle, Mooresville, NC 28117
60 2BR, 20 3BR
- Apartments
- 80
- Income-restricted
- 80
- Placed in service
- 2005
Curlin Commons
276 Overhead Bridge Road, Mooresville, NC 28115
HUD lists it as senior housing · 28 1BR, 12 2BR
- Apartments
- 40
- Income-restricted
- 40
- Placed in service
- 2010
Park Avenue Place Apartments
400 West Park Avenue, Mooresville, NC 28115
8 1BR, 24 2BR
- Apartments
- 32
- Income-restricted
- 32
- Placed in service
- 2012
Park Place II
119 Creekridge Circle, Mooresville, NC 28115
HUD lists it as senior housing · 24 1BR
- Apartments
- 24
- Income-restricted
- 24
- Placed in service
- 2003
Parkview Apts
332 D W Mcneely Avenue, Mooresville, NC 28115
18 1BR, 16 2BR, 9 3BR
- Apartments
- 43
- Income-restricted
- 43
- Placed in service
- 1995
Piedmont Pointe
195 Piedmont Point, Mooresville, NC 28115
48 2BR, 72 3BR, 24 4BR
- Apartments
- 144
- Income-restricted
- 144
- Placed in service
- 1997
Sedgefield Apartments
345 Dalton Drive, Mooresville, NC 28115
24 2BR, 12 3BR
- Apartments
- 36
- Income-restricted
- 36
- Placed in service
- n/a
Stonecreek Apts
130 J C Circle, Mooresville, NC 28115
40 2BR, 48 3BR, 12 4BR
- Apartments
- 100
- Income-restricted
- 100
- 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.