About This Property
Port Capital Village LP offers 84 low-income rental units in Elkridge, Maryland, serving families with a mix of 42 two-bedroom and 42 three-bedroom apartments. The property, placed in service in 2007, is financed through FHA funding and utilizes 9% Low-Income Housing Tax Credits. This Howard County community provides housing options for households with limited income.
Property Details
Fair Market Rent - Howard 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 | $1,379 |
| 1 Bedroom | $1,582 |
| 2 Bedroom | $1,943 |
| 3 Bedroom | $2,519 |
| 4 Bedroom | $2,849 |
Income Limits - Howard County, MD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $22,100
- Very Low (50%)
- $36,800
- Low (80%)
- $55,950
- Extremely Low (30%)
- $25,250
- Very Low (50%)
- $42,050
- Low (80%)
- $63,950
- Extremely Low (30%)
- $28,400
- Very Low (50%)
- $47,300
- Low (80%)
- $71,950
- Extremely Low (30%)
- $31,550
- Very Low (50%)
- $52,550
- Low (80%)
- $79,900
- Extremely Low (30%)
- $34,100
- Very Low (50%)
- $56,800
- Low (80%)
- $86,300
- Extremely Low (30%)
- $36,600
- Very Low (50%)
- $61,000
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $65,200
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $69,400
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $22,100 | $36,800 | $55,950 |
| 2 Persons | $25,250 | $42,050 | $63,950 |
| 3 Persons | $28,400 | $47,300 | $71,950 |
| 4 Persons | $31,550 | $52,550 | $79,900 |
| 5 Persons | $34,100 | $56,800 | $86,300 |
| 6 Persons | $36,600 | $61,000 | $92,700 |
| 7 Persons | $40,120 | $65,200 | $99,100 |
| 8 Persons | $44,660 | $69,400 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Elkridge, MD?+
The Fair Market Rent (FMR) for Howard County, MD is: $1379 (Studio), $1582 (1BR), $1943 (2BR), $2519 (3BR), $2849 (4BR). Actual rent at subsidized properties like Port Capital Village Lp is typically 30% of household income or less.
What size apartments are available at Port Capital Village Lp?+
Port Capital Village Lp offers the following unit types: 42 Two-Bedroom, 42 Three-Bedroom units, for a total of 84 units.
What are the income limits for affordable housing in Howard County, MD?+
For a 4-person household in Howard County, MD, the income limits are: Extremely Low Income (30% AMI): $31,550, Very Low Income (50% AMI): $52,550, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
Who manages Port Capital Village Lp?+
Port Capital Village Lp is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Port Capital Village Lp?+
Port Capital Village Lp primarily serves families. 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 Elkridge, MD?+
Based on Fair Market Rent for Howard County, the estimated price range is: 2-bedroom: $1943, 3-bedroom: $2519. Actual rent at Port Capital Village Lp may be lower for income-eligible households.
How do I apply for housing at Port Capital Village Lp?+
Port Capital Village Lp 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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