Perry Place
742 S. Merritt Mill Rd., Carrboro, North Carolina 27510
Contact Perry Place
Perry Place is managed by Norco Management Holding INC.
Perry Place is an affordable apartment community offering one and two bedroom units with a portion of the units allocated for residents with disabilities.
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Income Based |
| Two Bedroom (2/1) | - | Income Based |
Perry Place Waiting List is Open Now
The waiting list for Perry Place is open for when vacancy is available.
Last updated on April 13th, 2023Eligibility for Perry Place
Perry Place Details
- 48 one and two bedroom units.
- Low-Income Housing Tax Credit (LIHTC)
Property Amenities
- Playground
- Computer Lab
- Community Room
- Accessible Apartments
- Picnic Area
Unit Amenities
- Balconies or Patios Available
Low-Income Housing Tax Credit (LIHTC)
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
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