CASA Awarded Tax Credits for Quality, Affordable Rental Housing in Orange County
CASA is excited to announce that we have been awarded a Low-Income Housing Tax Credit allocation from the North Carolina Housing Finance Agency (NCHFA) for our Merritt Mill development in Orange County, adding 48 high-quality, affordable apartments to serve families and individuals earning less than 60% of the area median income.
Important Information for Prospective Tenants
- 24 of the apartments will be located in Chapel Hill and 24 will be located in Carrboro.
- Rents for the 1 and 2-bedroom apartments will range from $350 – $950 per month, based on the tenant’s household income
- A portion of units will be reserved for people with disabilities.
- Rental subsidies will be accepted for all units.
Construction is expected to begin in early 2021. While we are not yet accepting applications for these apartment units, please sign up for our email update list below. We will alert you via email when our applications for Merritt Mill open.