About This Property
Federalsburg Gardens Apartments comprises 64 low-income units serving families and disabled residents in Federalsburg, Maryland. The property, which placed in service in 2008, operates as a non-profit-owned community funded through HOME programs and tax-exempt bonds. The development utilizes 9% Low-Income Housing Tax Credits to maintain affordable rental housing 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Federalsburg, 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 Federalsburg Gardens Apts is typically 30% of household income or less.
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 Federalsburg Gardens Apts?+
Federalsburg Gardens Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Federalsburg Gardens Apts?+
Federalsburg Gardens Apts 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 Federalsburg Gardens Apts?+
Federalsburg Gardens Apts primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Federalsburg Gardens Apts
Greenside Manor
Seaford, DE
40 UnitsSeaford Apartments
Seaford, DE
37 UnitsProspect Heights Apts
Hurlock, MD
16 UnitsFairhaven Manor Ii
Federalsburg, MD
18 UnitsUniversity Apts
Federalsburg, MD
36 UnitsMeadowbridge Apartments
Seaford, DE
104 Units