Willard Street Apartments is managed by DHIC .
Willard Street Apartments offers 82 affordable apartment homes (39 one-bedroom & 43 two-bedroom) for modest wage earners working in downtown Durham with a mix of 30% and 60% AMI units.
Willard Street Apartments is a part of a four-story building with two elevators built above two stories of structured parking, with 5,000 square feet of street-level retail space and a landscaped plaza overlooking the city skyline. Amenities include on-site management, community multi-purpose room and kitchen, fitness room, business center, and laundry facilities.
Partners on this project include the Self-Help Ventures Fund, Duke University, the City of Durham, and Capitol Broadcasting.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Call for Price |
2 Bedroom (2/1) | - | Call for Price |
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 Willard Street Apartments.
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 |
Day | Hours |
---|---|
Monday | 9:00am-5:00pm |
Tuesday | 9:00am-5:00pm |
Wednesday | Closed |
Thursday | 9:00am-5:00pm |
Friday | 9:00am-5:00pm |
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.