Lakespring

4 Lake Spring Ct, Greensboro, North Carolina 27405

Lakespring is a 60-unit affordable housing community located on Lake Spring Court. Construction of this community was completed in 1982. Located off Yanceyville Street close to East Cone Boulevard, the community is near public transportation, shopping and restaurants. With rents based on income, this affordable family community features a quiet setting with modern amenities and closeness to city conveniences.

Eligibility for Lakespring

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 Greensboro but actual income limits may differ for units at Lakespring.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $16,250 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% $27,100 $30,950 $34,800 $38,650 $41,750 $44,850 $47,950 $51,050
80% $43,300 $49,500 $55,700 $61,850 $66,800 $71,750 $76,700 $81,650

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 Greensboro but actual income limits may differ for units at Lakespring.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $27,100 $30,950 $34,800 $38,650 $41,750 $44,850 $47,950 $51,050

Lakespring Details

  • 60 bedroom units.
  • Public Housing

Property Amenities

  • Playground

Unit Amenities

  • Central Air
  • Washer and Dryer Hookup
Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.

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