About This Property
Tanyard Branch offers 25 low-income units in Federalsburg, Maryland, with a mix of 7 two-bedroom and 18 three-bedroom homes. The property has been in service since 1993 and is owned by a non-profit organization.
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 Tanyard Branch is typically 30% of household income or less.
What size apartments are available at Tanyard Branch?+
Tanyard Branch offers the following unit types: 7 Two-Bedroom, 18 Three-Bedroom units, for a total of 25 units.
Who manages Tanyard Branch?+
Tanyard Branch is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Tanyard Branch?+
Tanyard Branch 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.
What is the price range for apartments in Federalsburg, MD?+
Based on Fair Market Rent for Caroline County, the estimated price range is: 2-bedroom: $1232, 3-bedroom: $1669. Actual rent at Tanyard Branch may be lower for income-eligible households.
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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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