Park Terrace

885 Sharon Circle, High Point, North Carolina 27260

Contact Park Terrace

Centered near major shopping, dining and area schools, Park Terrace is in the heart of High Point. A short drive down the road takes you anywhere you want to go, and you'll have the added convenience of being right on the High Point bus line!

When you make Park Terrace your home, you can enjoy relaxing on the sundeck by the sparkling swimming pool, exercising in the fitness center, grilling outdoors in our picnic area or meeting new friends at the playground.

The perks don't stop at your doorstep: each apartment home has a fully-equipped kitchen with dishwasher and Energy Star appliances, your own balcony or patio where you can overlook the beautifully landscaped grounds, washer/dryer hook-ups (bring your own or use our laundry facility on-site), bay windows (in some apartments) and ceilings fans to provide an environment with an abundance of natural air and light, and large closets that enhance the comfort and convenience of your home.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	770	From $785
Two Bedroom Two Bath (2/2)	1002	From $892
Two Bedroom One Bath (2/1)	906	Up To $1,213
Three Bedroom Two Bath (3/2)	1130	From $1,039
Three Bedroom Two Half Bath (3/2.5)	1251	From $1,708

Eligibility for Park Terrace

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 Park Terrace.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
50%	$24,250	$27,700	$31,150	$34,600	$37,400	$40,150

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 Park Terrace.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$24,250	$27,700	$31,150	$34,600	$37,400	$40,150
Low Income (60%)	$29,100	$33,240	$37,380	$41,520	$44,880	$48,180

Park Terrace Details

15 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Public Housing

Property Amenities

Fitness Center
Playground
BBQ and Picnic Area
Business Center
Energy Star Appliances
Smoke Free
On Bus-line
Swimming pool

Unit Amenities

Ceiling Fan(s)
Washer and Dryer Hookup
Water Trash and Sewer Included
Balconies or Patios Available
Programmable Thermostats

Office Hours

Day	Hours
Monday	10:00am-5:00pm
Tuesday	9:00am-5:00pm
Thursday	9:00am-5:00pm
Friday	9:00am-5:00pm

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.

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.