Low Income (LIHTC)

Overlook Colony

3207 E Brandywine Ave, Claymont, DE, 19703

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Overlook Colony is a 35-unit affordable housing community in Claymont, Delaware that provides low-income housing options. The property has been in service since 2005 and continues to operate in New Castle County.

Property Details

Total Units

Fair Market Rent - New Castle 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	$1,303
1 Bedroom	$1,451
2 Bedroom	$1,737
3 Bedroom	$2,100
4 Bedroom	$2,422

Income Limits - New Castle County, DE

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $19,850
Very Low (50%): $33,100
Low (80%): $52,950

2 Persons

Extremely Low (30%): $22,700
Very Low (50%): $37,800
Low (80%): $60,500

3 Persons

Extremely Low (30%): $25,550
Very Low (50%): $42,550
Low (80%): $68,050

4 Persons

Extremely Low (30%): $28,350
Very Low (50%): $47,250
Low (80%): $75,600

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $51,050
Low (80%): $81,650

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $54,850
Low (80%): $87,700

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $58,600
Low (80%): $93,750

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $62,400
Low (80%): $99,800

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$19,850	$33,100	$52,950
2 Persons	$22,700	$37,800	$60,500
3 Persons	$25,550	$42,550	$68,050
4 Persons	$28,350	$47,250	$75,600
5 Persons	$31,040	$51,050	$81,650
6 Persons	$35,580	$54,850	$87,700
7 Persons	$40,120	$58,600	$93,750
8 Persons	$44,660	$62,400	$99,800

Tax Credit Program Details

Year Placed in Service

2005

LIHTC Credit Type

Low-Income Units

35 / 35

Funding Programs

Rental Assistance

Frequently Asked Questions

What is the average rent for affordable housing in Claymont, DE?+

The Fair Market Rent (FMR) for New Castle County, DE is: $1303 (Studio), $1451 (1BR), $1737 (2BR), $2100 (3BR), $2422 (4BR). Actual rent at subsidized properties like Overlook Colony is typically 30% of household income or less.

What are the income limits for affordable housing in New Castle County, DE?+

For a 4-person household in New Castle County, DE, the income limits are: Extremely Low Income (30% AMI): $28,350, Very Low Income (50% AMI): $47,250, Low Income (80% AMI): $75,600. These limits are set by HUD and updated annually.

How do I apply for housing at Overlook Colony?+

Overlook Colony is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, 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.

Who manages Overlook Colony?+

Overlook Colony is managed by . You can reach them at . Visit their website for more information.

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