The Townhomes at Willow Oaks is managed by Edgewood Management Corporation.
This property contains a mix of market-rate and affordable units. However, there may not be any affordable units available at this mixed-income property. Please contact the property for more information.
The Townhomes at Willow Oaks are located just minutes from downtown Greensboro. Washer and dryer, private patios, and exterior storage are just some of the amenities that come standard in these units.
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 The Townhomes at Willow 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 The Townhomes at Willow 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.
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.