Greenfield Commons

500 Formosa Ln., Chapel Hill, North Carolina 27517

Contact Greenfield Commons

Greenfield Commons is 69-unit apartment communities for seniors ages 55+. The community features one- and two-bedroom apartments in one building.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom (2/1)	-	Call for Price

Eligibility for Greenfield Commons

Greenfield Commons Details

69 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Fitness Center
Community Room
Business Center
Clubhouse
On-Site Manager
Laundry Facilities
On Bus-line

Unit Amenities

Handicapped Accessible
Walk-in Closet(s)
Full-Size Washer & Dryer Connections

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.