Rolling Hills Apartments

770 Ferrell Ct, Winston Salem, North Carolina 27101

Contact Rolling Hills Apartments

Welcome to Rolling Hills where you can find comfortable and affording housing for your family. Our community is completing a major renovation to both the exterior and apartment homes. There is a mix of one-, two-, three- and four-bedroom apartment homes in six, two-story buildings. Our residents enjoy upgraded amenities including a community room, laundry facility and playground. We are located close to downtown Winston-Salem, dining and shopping. Our professional staff looks forward to providing you with the highest standard of professional property management and are committed to improving the communities where we live and work.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Income Based
2 Bedroom (2/1)	-	Income Based
3 Bedroom (3/1)	-	Income Based
4 Bedroom (4/1)	-	Income Based

Eligibility for Rolling Hills 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 Winston Salem but actual income limits may differ for units at Rolling Hills Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$17,150	$19,720	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$28,550	$32,600	$36,700	$40,750	$44,050	$47,300	$50,550	$53,800
80%	$45,650	$52,200	$58,700	$65,200	$70,450	$75,650	$80,850	$86,100

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 Winston Salem but actual income limits may differ for units at Rolling Hills Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$28,550	$32,600	$36,700	$40,750	$44,050	$47,300	$50,550	$53,800
Low Income (60%)	$34,260	$39,120	$44,040	$48,900	$52,860	$56,760	$60,660	$64,560

Rolling Hills Apartments Details

110 one, two, three and four bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 8 Project-Based Rental Assistance (PBRA)

Property Amenities

Playground
Community Room
On-Site Parking
Surveillance Cameras
Laundry Facility
Picnic Area
Courtesy Patrol

Unit Amenities

Central Heat & Air
Energy Efficient Appliances
Newly Remodeled Kitchens
Newly Remodeled Bathrooms

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 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.