Lake Road Apartments

308 Taylor Ave, High Point, North Carolina 27260

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Eligibility for Lake Road Apartments

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 High Point but actual income limits may differ for units at Lake Road Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$14,580	$19,720	$24,860	$30,000	$35,140	$40,150	$42,950	$45,700
50%	$24,250	$27,700	$31,150	$34,600	$37,400	$40,150	$42,950	$45,700
80%	$38,750	$44,300	$49,850	$55,350	$59,800	$64,250	$68,650	$73,100

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 High Point but actual income limits may differ for units at Lake Road Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$24,250	$27,700	$31,150	$34,600	$37,400	$40,150	$42,950	$45,700

Lake Road Apartments Details

99 bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.