Greenfield Place

150 Formosa Ln, Chapel Hill, NC 27517

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Connor Bailey, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Located off Legion Road in Chapel Hill, NC, Greenfield Place Apartments is an affordable apartment community that offers exceptional one-bedroom, two-bedroom and three-bedroom apartment homes. Interior finishes include wide plank wood-styled flooring, energy efficient appliances and lighting, in-unit washer and dryer connections, and ceiling fans.

You’ll love the convenience of living off HWY15-501 and I-40 where you can access excellent healthcare, entertainment, shopping and dining options. Greenfield Place boasts superior community amenities such as an indoor community room/clubhouse, resident business center, bike racks, on-site laundry facility, courtyards, picnic area and outdoor seating areas.  

Dave's Thoughts On Greenfield Place

Because Greenfield Place participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Greenfield Place Amenities

  • Playground
  • Community Room
  • Business Center
  • Clubhouse
  • 24hr Emergency Maintenance
  • Ceiling Fan(s)
  • Handicapped Accessible
  • Walk-in Closet(s)
  • On Bus-line
  • Laundry Facility
  • Picnic Area
  • Full-Size Washer & Dryer Connections
  • Community Kitchen

Units at Greenfield Place

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom One Bath (2/1) - Call for Price
Two Bedroom Two Bath (2/2) - Call for Price
Three Bedroom (3/2) - Call for Price

Income Qualification for Greenfield Place

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
50% AMI for LIHTC Units $35,400 / year $40,450 / year $45,500 / year $50,550 / year $54,600 / year $58,650 / year
50% AMI for PBRA Units $35,400 / year $40,450 / year $45,500 / year $50,550 / year $54,600 / year $58,650 / year
60% AMI for LIHTC Units $42,480 / year $48,540 / year $54,600 / year $60,660 / year $65,520 / year $70,380 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Greenfield Place

Does Greenfield Place have a waiting list?

Greenfield Place probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Greenfield Place?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Greenfield Place?

Greenfield Place is managed by DHIC headquartered in Raleigh, NC.

In addition to Greenfield Place, how many other affordable housing properties (and units) are there in Chapel Hill?

In addition to Greenfield Place, we list 55 other affordable properties in Chapel Hill. Learn about these properties here. Our data research shows that there are a total of 802 affordable units in Chapel Hill.

Listings Near Greenfield Place

Greenfield Commons

500 Formosa Ln., Chapel Hill, North Carolina 27517

bed 1-2
switch_access_shortcut Short Wait
accessibility Accessible

First Baptist and Manley Estates

805 S Merritt Mill Rd, Chapel Hill, North Carolina 27516

accessibility Accessible

Umstead Drive Group Home

334 Umstead Dr, Chapel Hill, North Carolina 27516

switch_access_shortcut Short Wait

Purefoy Road Group Home

102 Purefoy Rd, Chapel Hill, North Carolina 27514

switch_access_shortcut Short Wait

Adelaide Walters Apartments

603 Martin Luther King Jr Blvd, Chapel Hill, North Carolina 27514

payment Subsidized

Inter Church Council Apartments

106 N Elliott Rd, Chapel Hill, North Carolina 27514

payment Subsidized
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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