Lakeside Gardens

820 Martin Luther King Pkwy, Durham, North Carolina 27713
Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 697 Call for Price
Two Bedroom (2/2) 920 Call for Price

Eligibility for Lakeside Gardens

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Durham but actual income limits may differ for units at Lakeside Gardens.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $35,400 $40,450 $45,500 $50,550
Low Income (60%) $42,480 $48,540 $54,600 $60,660

Lakeside Gardens Details

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

Property Amenities

  • Community Room
  • Business Center
  • 24hr Emergency Maintenance
  • Off-Street Parking
  • Accessible Apartments
  • Laundry Facility
  • Picnic Area

Unit Amenities

  • All Appliances included
  • Washer and Dryer Hookup
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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