About This Property
Pysell Ridge comprises 30 low-income rental units in McHenry, MD, placed in service in 2006. The property offers a mix of one, two, and three-bedroom units designed to serve families and individuals with disabilities. Financing through 9% Low-Income Housing Tax Credits supports affordability for qualified residents.
Property Details
Fair Market Rent - Garrett 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 | $785 |
| 1 Bedroom | $795 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,275 |
| 4 Bedroom | $1,536 |
Income Limits - Garrett 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 Mc Henry, MD?+
The Fair Market Rent (FMR) for Garrett County, MD is: $785 (Studio), $795 (1BR), $905 (2BR), $1275 (3BR), $1536 (4BR). Actual rent at subsidized properties like Pysell Ridge is typically 30% of household income or less.
What size apartments are available at Pysell Ridge?+
Pysell Ridge offers the following unit types: 8 One-Bedroom, 14 Two-Bedroom, 8 Three-Bedroom units, for a total of 30 units.
What are the income limits for affordable housing in Garrett County, MD?+
For a 4-person household in Garrett 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.
How do I apply for housing at Pysell Ridge?+
Pysell Ridge 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 Pysell Ridge?+
Pysell Ridge is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Pysell Ridge?+
Pysell Ridge 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 is the price range for apartments in Mc Henry, MD?+
Based on Fair Market Rent for Garrett County, the estimated price range is: 1-bedroom: $795, 2-bedroom: $905, 3-bedroom: $1275. Actual rent at Pysell Ridge may be lower for income-eligible households.
Walk Score
Car-Dependent
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