Highland Village Property Owners Community Association Inc

What Highland Village Property Owners Community Association Inc's governing documents say

This is a third amendment to the Declaration of Covenants, Conditions, and Restrictions for Highland Village, a planned community in Cary, NC. It is a partial document that updates definitions related to apartment complexes within the community, specifically identifying four rental projects, including age-restricted and low/moderate-income housing. This amendment is relevant to residents and owners in the community, as it clarifies the types of housing allowed.

• Apartment definitions & rental projects: The amendment defines 'Apartment' as multi-unit rental buildings not intended for separate ownership. It specifies four projects: 68 units for 55+ seniors (The Commons at Highland Village), 32 units for 62+ seniors (Highland Manor), 50 family units (Highland Village Apartments), and 80 low/moderate-income senior units (Highland Terrace Apartments).
• Age-restricted housing: Two of the four apartment projects are age-restricted: The Commons at Highland Village requires residents to be 55 or older, and Highland Manor requires residents to be 62 or older.
• Affordable housing: Highland Terrace Apartments is designated for low and/or moderate income seniors, and Highland Manor uses HUD Section 202 Capital Advance funds, indicating affordability requirements.
• What this document doesn't cover: This is only an amendment to the declaration, not the full rulebook. It does not cover general HOA rules, fees, maintenance responsibilities, or other community restrictions. Refer to the original Declaration and other amendments for complete governing rules.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.