Sherwood Park Apartments is managed by The Michaels Organization.
Less than a block from Sherwood Park the tree-lined apartment community of Sherwood Park Apartments is perfectly located for all of your needs. The community building is perfect for the planned social events. Your new home has a spacious patio or balcony, a walk-in closet, washer/dryer connections, and energy-efficient heating and cooling. The professional management team is on-site to take care of your home so all you have to do is enjoy it.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | 300 | Up To $817 |
One Bedroom (1/1) | 600 | Up To $804 |
Two Bedroom (2/1) | 800 | Up To $1,412 |
Three Bedroom (3/2) | 1000 | Up To $1,629 |
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 Sherwood Park Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $35,400 | $40,450 | $45,500 | $50,550 | $54,600 | $58,650 |
Low Income (60%) | $42,480 | $48,540 | $54,600 | $60,660 | $65,520 | $70,380 |
Day | Hours |
---|---|
Monday | 9:00am-6:00pm |
Tuesday | 9:00am-6:00pm |
Wednesday | 9:00am-6:00pm |
Thursday | 9:00am-6:00pm |
Friday | 9:00am-6:00pm |
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.