North Carolina

Tax credit apartments in Chapel Hill, NC

HUD's database lists 9 properties in Chapel Hill built or rehabbed with low-income housing tax credits: 492 apartments, 492 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Dobbins Hill

1749 1 B Dobbins Drive, Chapel Hill, NC 27514

28 2BR, 24 3BR, 3 4BR

Apartments
55
Income-restricted
55
Placed in service
1994

Dobbins Hill II

1731 Dobbins Hill Drive, Chapel Hill, NC 27514

8 1BR, 12 2BR, 12 3BR

Apartments
32
Income-restricted
32
Placed in service
2008

Greenfield Commons

500 Formosa Lane, Chapel Hill, NC 27517

HUD lists it as senior housing · 55 1BR, 14 2BR

Apartments
69
Income-restricted
69
Placed in service
2019

Greenfield Place

150 Formosa Ln, Chapel Hill, NC 27517

14 1BR, 52 2BR, 14 3BR

Apartments
80
Income-restricted
80
Placed in service
2017

Longleaf Trace

1712 Legion Road, Chapel Hill, NC 27517

HUD lists it as senior housing · 12 1BR, 36 2BR

Apartments
48
Income-restricted
48
Placed in service
n/a

Perry Place

800 S Merritt Mill Rd, Chapel Hill, NC 27516

24 1BR, 24 2BR

Apartments
48
Income-restricted
48
Placed in service
2023

Tanyard Branch Trace

110 Jay Street, Chapel Hill, NC 27516

9 1BR, 27 2BR, 12 3BR

Apartments
48
Income-restricted
48
Placed in service
n/a

The Landings At Winmore

100 Andys Ln, Chapel Hill, NC 27516

42 2BR, 16 3BR

Apartments
58
Income-restricted
58
Placed in service
2010

Trinity Court

751 Trinity Court, Chapel Hill, NC 27516

Apartments
54
Income-restricted
54
Placed in service
2024

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.