The Pointes at Downtown Crossing is managed by The Community Builders, Inc..
Welcome to The Pointes at Downtown Crossing where you can find convenience, quality, and spacious living at Franklin Village, Calvert Place and Main Street Townhomes. The Pointes at Downtown Crossing is where residents can experience a carefree, relaxing lifestyle tucked away from the hustle and bustle, yet just minutes to downtown Durham. Perfectly situated in a prime location. The Pointes at Downtown Crossing is a short distance to Freeway 147, offering quick access to shopping malls, hospitals, and entertainment; just about anything you are looking for. Our communities feature one, two, three, and four bedroom apartment homes amidst beautiful landscaping. The Pointes at Downtown Crossing offers a variety of amenities such as fully equipped kitchens, large walk in closets, electric appliances, balconies and patio with outside storage and free off street parking. Tour our photo gallery and see why one of these communities is the perfect place to call home.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom One Bath (Calvert Place) (1/1) | 704 | Call for Price |
One Bedroom One Bath (Main Street) (1/1) | 755 | Call for Price |
Two Bedroom Two Bath (Main Street) (2/2) | 1021 | From $850 |
Two Bed Two in a half Bath (Franklin Village) (2/2.5) | 1024 | From $950 |
Two Bedroom One in a half Bath (Calvert Place) (2/1.5) | 1067 | From $950 |
Three Bedroom Two in a half Bath (Calvert Place) (3/2.5) | 1061 | From $975 |
Three Bedroom Two in a half Bath (Franklin Village) (3/2.5) | 1305 | From $975 |
Three Bedroom Two in a half Bath (Main Street) (3/2.5) | 1330 | From $870 |
Four Bedroom Two in a half Bath (4/2.5) | 1429 | From $1,400 |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Durham but actual income limits may differ for units at The Pointes at Downtown Crossing.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
50% | $35,400 | $40,450 | $45,500 | $50,550 | $54,600 | $58,650 | $62,700 | $66,750 |
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 The Pointes at Downtown Crossing.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $35,400 | $40,450 | $45,500 | $50,550 | $54,600 | $58,650 | $62,700 | $66,750 |
Low Income (60%) | $42,480 | $48,540 | $54,600 | $60,660 | $65,520 | $70,380 | $75,240 | $80,100 |
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.
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.