Grand Terrace is conveniently located on Grand Avenue, just north of Oxford Street. It's within minutes of anything you could need! This two-story complex includes 48 units of 1-, 2-, and 3-bedroom apartments. Residents have access to a beautiful community room with full kitchen, a state of the art fitness center, and on-site laundry facilities. This property is funded through an affordable housing program. Therefore, income restrictions apply. Please visit the Floor Plans page for additional details. We gladly welcome Section 8 Vouchers. An application fee of $35/adult and a security deposit equal to one month of rent are due with the completed application.
APPLICATION Click HERE to access an application for Grand Terrace Apartments. INCOME RESTRICTIONS Income restrictions apply at Grand Terrace Apartments. Households must make under a certain amount to qualify. The total annual household gross income is considered.   HOUSEHOLD SIZE ANNUAL INCOME LIMIT 1 Person $38,250 2 People $43,980 3 People $49,500 4 People $54,960 5 People $59,400 6 People $63,780 Income limits subject to change per applicable affordable housing program guidelines. SECURITY DEPOSIT + APPLICATION An application fee of $35/adult and a security deposit equal to one month of rent is due at time of application. SECTION 8 VOUCHERS We gladly accept Section 8 Vouchers. OCCUPANCY The initial maximum number of residents in a unit is equal to two persons per bedroom unless otherwise stated in the property's Resident Selection Plan, where applicable. Each unit is limited to no more than two unrelated or four related adult persons per unit. Lloyd Management defines a related adult person as either a child, dependent, or parent of the head of household. General occupancy standards and any federal, state, or local housing ordinances will supersede this policy. UTILITIES Heat, water, sewer, and trash are included with the monthly rent payment. Residents are responsible for electric.