Carolina Terrace Apartments

100 GUERIN ST, Raleigh, North Carolina 27603

Contact Carolina Terrace Apartments

This apartment community was built in 1968 and has 1 story with 28 units.

Unit (Bd/Ba)	Ft²	Rent
Two Bedrooms (2/1)	900	Call for Price

Eligibility for Carolina 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 Raleigh but actual income limits may differ for units at Carolina Terrace Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$39,700	$45,350	$51,000	$56,650
Low Income (60%)	$47,640	$54,420	$61,200	$67,980

Carolina Terrace Apartments Details

28 two bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Office Hours

Day	Hours
Tuesday	8:30am-5:00pm
Wednesday	8:30am-5:00pm
Thursday	8:30am-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.