Garden Terrace Apartments

100 Garden Ter, Mount Airy, North Carolina 27030

Contact Garden Terrace Apartments

Garden Terrace Apartments offers residents of Surry County and the surrounding area an apartment community designed to offer the best in apartment living. Our beautiful residential atmosphere consists of 36 one bedroom apartments for the elderly, 62 and older or the handicapped and disabled. Convenient to churches, hospital, doctors offices and supermarkets, all the necessities are just minutes away. Our on-site staff is ready to welcome you to your new apartment home. Stop by today!

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price

Eligibility for Garden Terrace Apartments

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 Mount Airy but actual income limits may differ for units at Garden Terrace Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$24,650	$28,200	$31,700	$35,200	$38,050	$40,850	$43,650	$46,500
Low Income (60%)	$29,580	$33,840	$38,040	$42,240	$45,660	$49,020	$52,380	$55,800

Garden Terrace Apartments Details

36 one bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Community Room
Accessible Apartments
Personal 24-hour emergency call system
On-Site Laundry

Unit Amenities

Carpet
Storage
Refrigerator
Stove
Energy Efficient Appliances

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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.