Forest Hill Apartments

900 Apex Dr, Lexington, North Carolina 27295

Forest Hill Apartments, located at 900 Apex Dr in Lexington, has two, three and four bedroom apartments. Forest Hill Apartments participates in the Low-Income Housing Tax Credit (LIHTC) program.

Contact Forest Hill Apartments

Message Forest Hill Apartments

Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/2) - From $405 To $505
3 Bedroom (3/2) - From $440 To $550
4 Bedroom (4/2) - $585

Forest Hill Apartments Details

  • 88 two, three and four bedroom units.
  • Water and Sewer utilities included in rent
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Playground
  • Computer Lab
  • Community Room
  • 24hr Emergency Maintenance
  • Gazebo
  • On-Site Management
  • Energy Star Appliances
  • Picnic Area
  • On-site Laundry
  • Community Kitchen

Unit Amenities

  • Ceiling Fan(s)
  • Water Trash and Sewer Included
  • Full-Size Washer & Dryer Connections
  • Large Closets

Nearby Amenities

  • Close to Public Transportation
  • Near Grocery
  • Near Pharmacy
  • Near Shopping
  • Near Restaurants

About Forest Hill Apartments

Located within walking distance to grocery, pharmacy and numerous shops and restaurants, Fores Hill Apartments come fully equipped with Energy Star appliances and are professionally managed full-time, with 24-hour emergency maintenance. Forest Hill offers 2, 3 & 4 bedroom apartments. The application fee is $30 per adult applicant and one month's rent is required for a security deposit.

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.

Lexington Low-Income Housing Tax Credit Income Limits

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 Lexington but actual income limits may differ for units at Forest Hill Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $21,150 $24,150 $27,150 $30,150 $32,600 $35,000 $37,400 $39,800
Low Income (60%) $25,380 $28,980 $32,580 $36,180 $39,120 $42,000 $44,880 $47,760

Forest Hill Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Forest Hill Apartments is managed by United Property Management.

Image of Forest Hill Apartments
Image of Forest Hill Apartments
Image of Forest Hill Apartments
Image of Forest Hill Apartments

Nearby Low Income Apartment Communities

Green Hill

309 E 9th Street Ext
Lexington, NC
Income Based
1 BR
Subsidized