About This Property
Chestertown Landing Phase I offers 72 affordable units in Chestertown, Maryland, comprising 14 one-bedroom, 38 two-bedroom, and 20 three-bedroom apartments. The property has served low-income residents since 1999 and is financed through 9% Low-Income Housing Tax Credits. The community is professionally managed to provide stable housing for qualifying households in Kent County.
Property Details
Fair Market Rent - Kent 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 | $1,100 |
| 1 Bedroom | $1,111 |
| 2 Bedroom | $1,269 |
| 3 Bedroom | $1,699 |
| 4 Bedroom | $2,153 |
Income Limits - Kent County, MD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,500
- Very Low (50%)
- $27,500
- Low (80%)
- $44,000
- Extremely Low (30%)
- $18,850
- Very Low (50%)
- $31,400
- Low (80%)
- $50,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,350
- Low (80%)
- $56,550
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,250
- Low (80%)
- $62,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,400
- Low (80%)
- $67,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,550
- Low (80%)
- $72,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,700
- Low (80%)
- $77,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,850
- Low (80%)
- $82,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,500 | $27,500 | $44,000 |
| 2 Persons | $18,850 | $31,400 | $50,250 |
| 3 Persons | $21,960 | $35,350 | $56,550 |
| 4 Persons | $26,500 | $39,250 | $62,800 |
| 5 Persons | $31,040 | $42,400 | $67,850 |
| 6 Persons | $35,580 | $45,550 | $72,850 |
| 7 Persons | $40,120 | $48,700 | $77,900 |
| 8 Persons | $44,660 | $51,850 | $82,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Chestertown, MD?+
The Fair Market Rent (FMR) for Kent County, MD is: $1100 (Studio), $1111 (1BR), $1269 (2BR), $1699 (3BR), $2153 (4BR). Actual rent at subsidized properties like Chestertown Landing Phase I is typically 30% of household income or less.
What size apartments are available at Chestertown Landing Phase I?+
Chestertown Landing Phase I offers the following unit types: 14 One-Bedroom, 38 Two-Bedroom, 20 Three-Bedroom units, for a total of 72 units.
Who manages Chestertown Landing Phase I?+
Chestertown Landing Phase I is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Kent County, MD?+
For a 4-person household in Kent County, MD, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,250, Low Income (80% AMI): $62,800. These limits are set by HUD and updated annually.
How do I apply for housing at Chestertown Landing Phase I?+
Chestertown Landing Phase I 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 Chestertown, MD?+
Based on Fair Market Rent for Kent County, the estimated price range is: 1-bedroom: $1111, 2-bedroom: $1269, 3-bedroom: $1699. Actual rent at Chestertown Landing Phase I may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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