Laurel Oaks is managed by Greensboro Housing Authoity.
Laurel Oaks is a 50-unit affordable housing community. This community was built in 1992 and offers a variety of amenities for families to enjoy. Located off Lees Chapel Road, the community is near public transportation, and shopping. With rents based on income, this affordable family community features a quiet setting with all the modern amenities and closeness to city conveniences.
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 Laurel Oaks.
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 Laurel Oaks.
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 |
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.