Richardson Village

600-604 Dewitt St, Greensboro, North Carolina 27401

Contact Richardson Village

Message Richardson Village

Richardson Village is managed by Beacon Communities.

Located on the grounds of Greensboro’s newly renovated historic Richardson Hospital, this 30-year old community has been fully modernized to provide convenient affordable family living. Richardson Village now offers twenty-four beautifully updated two-bedroom townhouse apartments. One of these restored apartments can now be your new home.

Each townhouse apartment features two bedrooms with full bath upstairs and half bath downstairs. Every unit of this community offers newly installed exterior doors and thermo-paned mullioned windows, energy-efficient heating and cooling systems, a fully equipped kitchen including range, refrigerator and garbage disposal, new floor coverings, front and back porches and spacious storage.

To live in this exceptional community, one need not be wealthy. Rentals are determined by income and other qualification factors.

To receive an application or further information, please call or stop by our Leasing Office at Richardson Hospital, 603 Benbow Street.

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/1.5) - From $495

Eligibility for Richardson Village

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 Richardson Village.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $27,100 $30,950 $34,800 $38,650
Low Income (60%) $32,520 $37,140 $41,760 $46,380

Richardson Village Details

  • 24 two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • HOME Investment Partnerships Program

Property Amenities

  • Energy Efficient Design

Unit Amenities

  • Fully Equipped Kitchen
Low-Income Housing Tax Credit (LIHTC)

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

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