About This Property
Frazier Place Phase II comprises 24 low-income residential units in Smyrna, Delaware. The property has been in service since 1999 and remains an affordable housing option in Kent County.
Property Details
Fair Market Rent - Kent County, DE
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,110 |
| 1 Bedroom | $1,117 |
| 2 Bedroom | $1,368 |
| 3 Bedroom | $1,928 |
| 4 Bedroom | $2,152 |
Income Limits - Kent County, DE
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,500
- Very Low (50%)
- $24,150
- Low (80%)
- $38,650
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,600
- Low (80%)
- $44,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,050
- Low (80%)
- $49,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,500
- Low (80%)
- $55,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,300
- Low (80%)
- $59,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,050
- Low (80%)
- $64,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,800
- Low (80%)
- $68,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $45,550
- Low (80%)
- $72,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,500 | $24,150 | $38,650 |
| 2 Persons | $17,420 | $27,600 | $44,200 |
| 3 Persons | $21,960 | $31,050 | $49,700 |
| 4 Persons | $26,500 | $34,500 | $55,200 |
| 5 Persons | $31,040 | $37,300 | $59,650 |
| 6 Persons | $35,580 | $40,050 | $64,050 |
| 7 Persons | $40,120 | $42,800 | $68,450 |
| 8 Persons | $44,660 | $45,550 | $72,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Smyrna, DE?+
The Fair Market Rent (FMR) for Kent County, DE is: $1110 (Studio), $1117 (1BR), $1368 (2BR), $1928 (3BR), $2152 (4BR). Actual rent at subsidized properties like Frazier Place Phase Ii is typically 30% of household income or less.
What are the income limits for affordable housing in Kent County, DE?+
For a 4-person household in Kent County, DE, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,500, Low Income (80% AMI): $55,200. These limits are set by HUD and updated annually.
Who manages Frazier Place Phase Ii?+
Frazier Place Phase Ii is managed by . You can reach them at .
How do I apply for housing at Frazier Place Phase Ii?+
Frazier Place Phase Ii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
