Greenfield Place

150 Formosa Ln, Chapel Hill, North Carolina 27517

Contact Greenfield Place

Located off Legion Road in Chapel Hill, NC, Greenfield Place Apartments is an affordable apartment community that offers exceptional one-bedroom, two-bedroom and three-bedroom apartment homes. Interior finishes include wide plank wood-styled flooring, energy efficient appliances and lighting, in-unit washer and dryer connections, and ceiling fans.

You’ll love the convenience of living off HWY15-501 and I-40 where you can access excellent healthcare, entertainment, shopping and dining options. Greenfield Place boasts superior community amenities such as an indoor community room/clubhouse, resident business center, bike racks, on-site laundry facility, courtyards, picnic area and outdoor seating areas.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom One Bath (2/1)	-	Call for Price
Two Bedroom Two Bath (2/2)	-	Call for Price
Three Bedroom (3/2)	-	Call for Price

Eligibility for Greenfield Place

Greenfield Place Details

80 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Playground
Community Room
Business Center
Clubhouse
24hr Emergency Maintenance
On Bus-line
Laundry Facility
Picnic Area
Community Kitchen

Unit Amenities

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

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	9:00am-5:00pm
Thursday	9:00am-5:00pm
Friday	9:00am-5:00pm

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.