Park Terrace Iii LIHTCPB Section 8 High Point, NC

Profile last updated · Data vintage: HUD LIHTC 2024

Park Terrace Iii is a Low-Income Housing Tax Credit (LIHTC) community in High Point, NC with 79 units. Rents are set relative to household income.

79
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC), Project-Based Section 8
Address885 Sharon Street, High Point, NC 27260 Map →
Tax-credit (LI) units78
Placed in service2016

How to apply at Park Terrace Iii

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 885 Sharon Street, High Point; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in High Point

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
William Booth Garden Apartments §202 SeniorHigh Point1.1 km
Scattered Sites B Public HousingHigh Point1.4 km
Creekside at Bellemeade LIHTCPB Section 8High Point1.4 km
Spring Brook Meadows LIHTCPB Section 8High Point1.4 km
Mha Housing of Central PB Section 8High Point1.4 km
Spring Brook Meadows Senior Villas Public HousingHigh Point1.4 km
Rhf Scattered Sites Public HousingHigh Point1.4 km
Mha Housing of Central §811High Point1.4 km

← All subsidized housing in High Point

Frequently asked questions

What kind of subsidy does Park Terrace Iii have?
Low-Income Housing Tax Credit (LIHTC); Project-Based Section 8. LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Park Terrace Iii?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Park Terrace Iii?
Contact the management office at 885 Sharon Street in High Point. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.