About This Property
Riverwoods At Denton comprises 84 low-income rental units in Denton, Maryland, placed in service in 2017. The community houses a mix of one-, two-, and three-bedroom apartments serving families and individuals with disabilities. This non-profit owned property receives 9% Low-Income Housing Tax Credit financing and is managed to provide affordable housing options in Caroline County.
Property Details
Fair Market Rent - Caroline County, MD
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $931 |
| 1 Bedroom | $938 |
| 2 Bedroom | $1,232 |
| 3 Bedroom | $1,669 |
| 4 Bedroom | $2,058 |
Income Limits - Caroline County, MD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,150
- Very Low (50%)
- $25,200
- Low (80%)
- $40,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,800
- Low (80%)
- $46,100
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,400
- Low (80%)
- $51,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,000
- Low (80%)
- $57,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,900
- Low (80%)
- $62,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,800
- Low (80%)
- $66,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,650
- Low (80%)
- $71,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,550
- Low (80%)
- $76,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,150 | $25,200 | $40,350 |
| 2 Persons | $17,420 | $28,800 | $46,100 |
| 3 Persons | $21,960 | $32,400 | $51,850 |
| 4 Persons | $26,500 | $36,000 | $57,600 |
| 5 Persons | $31,040 | $38,900 | $62,250 |
| 6 Persons | $35,580 | $41,800 | $66,850 |
| 7 Persons | $40,120 | $44,650 | $71,450 |
| 8 Persons | $44,660 | $47,550 | $76,050 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Denton, MD?+
The Fair Market Rent (FMR) for Caroline County, MD is: $931 (Studio), $938 (1BR), $1232 (2BR), $1669 (3BR), $2058 (4BR). Actual rent at subsidized properties like Riverwoods At Denton is typically 30% of household income or less.
What size apartments are available at Riverwoods At Denton?+
Riverwoods At Denton offers the following unit types: 34 One-Bedroom, 38 Two-Bedroom, 12 Three-Bedroom units, for a total of 84 units.
What is the price range for apartments in Denton, MD?+
Based on Fair Market Rent for Caroline County, the estimated price range is: 1-bedroom: $938, 2-bedroom: $1232, 3-bedroom: $1669. Actual rent at Riverwoods At Denton may be lower for income-eligible households.
How do I apply for housing at Riverwoods At Denton?+
Riverwoods At Denton 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 is eligible to live at Riverwoods At Denton?+
Riverwoods At Denton primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Caroline County, MD?+
For a 4-person household in Caroline County, MD, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,000, Low Income (80% AMI): $57,600. These limits are set by HUD and updated annually.
Who manages Riverwoods At Denton?+
Riverwoods At Denton is managed by . You can reach them at . Visit their website for more information.
Walk Score
Almost All Errands Require a Car
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