Rental Bridge
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Senior Rent Relief
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Transitional Housing
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Want to afford to live where you work?
Rental Bridge Program
Description
The Rental Bridge Program is a rental assistance program for resource challenged and employed households who work in the Lake Norman area of North Carolina. Through our rental assistance, we help people working in either Huntersville, Cornelius or Davidson, NC attain affordable rent so they can live in the communities where they work. The Rental Bridge Program is not an emergency housing or government voucher program. Participants agree to engage in a series of financial coaching sessions and may receive other services to enrich their wellbeing. The Rental Bridge Program is a one-year program with a second-year option.
Program Eligibility
To qualify to apply, applicants must:
• Want to rent or be renting in either Huntersville, Cornelius or Davidson, North Carolina.
• Be working in either Huntersville, Cornelius or Davidson, North Carolina.
• Be 21 years of age or older.
• Be paying rent that is greater than 35% of the applicant’s gross income. According to federal statistics if a household is paying more than 30-35% of their income in housing costs they are “housing cost burdened.” The goal of our rental program is provide a subsidy of no more than $500/month that will take a household to 30% housing cost.
• Earn 60-100% of the average median household income (AMI) in Mecklenburg County. We have this chart on our website, but for purposes of this information sheet 60-100% AMI for a single earner is $39,600 to $66,000.
• Have not been evicted in past 7 years.
• Rent from a property owner willing to receive partial rent payment monthly from Lake Norman CDC.
If you meet the criteria above, we look forward to receiving your completed application and all required documentation. For more information: Please contact us via email at michelle@lakenormancdc.org or call 704-897-7340.
Program Timing
A person may apply at any time. A person may apply for rental assistance where they currently live or for where they are moving to in the future. If a person is seeking a new rental location, it is recommended that they apply to find out how much rental assistance they qualify to receive. Application reviews typically take two weeks from the time all documents are received. We do not have the ability to prioritize applications based on moving dates or lease renewal dates.
Participate in Three Easy Steps
Application Process
Apply after reviewing the eligibility qualifications. Download the application packet, complete and send with all required documentation via email to: michelle@lakenormancdc.org. Receipt of your application will be acknowledged within 2 business days. Review of the application generally takes about 2 weeks. We will contact you with any clarification questions.
