Low Income (LIHTC)Waitlist Open

Spencer Preservation Apartments

37 Fairhaven Ct, New Castle, DE, 19720

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

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About This Property

Spencer Preservation Apartments comprises 72 low-income residential units in New Castle, Delaware. The property was placed in service in 2005 and continues to serve New Castle County residents. Interested parties may contact the property management for additional information regarding availability and lease terms.

Waitlist Information

Waitlist managed by New Castle County Housing Authority

Public Housing Waitlist

Open

Opened February 2, 2025

Apply: Online

New Castle County Housing Authority participates in a statewide waiting list for low-income public housing in Delaware, utilizing a centralized system for applicants to submit and manage applications.

Last verified February 17, 2026

Section 8 (HCV) Waitlist

Open

Opened February 2, 2025

Apply: Online

New Castle County Housing Authority participates in a single statewide waiting list for Housing Choice Vouchers in Delaware, where applicants submit and manage applications through a centralized platform.

Last verified February 17, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

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

72 / 72

Funding Programs

Rental Assistance

Frequently Asked Questions

What is the average rent for affordable housing in New Castle, 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 Spencer Preservation Apartments 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.

Who manages Spencer Preservation Apartments?+

Spencer Preservation Apartments is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Spencer Preservation Apartments?+

Spencer Preservation Apartments 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.

Is there a waitlist for Spencer Preservation Apartments?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

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