Crenshaw Trace is managed by Excel Property Management.
Crenshaw Trace features 68 apartment homes that are age-restricted to residents 55 and older. Conveniently located in Wake Forest, the property offers modern, spacious and comfortable 1 and 2 bedroom apartments at affordable rents.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 736 | Call for Price |
Two Bedroom (2/1) | 900 | Call for Price |
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.