About This Property
Chestertown Landing Phase II offers 60 low-income units in Chestertown, Maryland, comprising 48 one-bedroom and 12 two-bedroom apartments. The property has been in service since 1999 and utilizes 9% Low-Income Housing Tax Credits to support affordability. This Kent County development provides rental housing options for income-qualified households.
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 |
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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 Ii is typically 30% of household income or less.
What size apartments are available at Chestertown Landing Phase Ii?+
Chestertown Landing Phase Ii offers the following unit types: 48 One-Bedroom, 12 Two-Bedroom units, for a total of 60 units.
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 Ii?+
Chestertown Landing Phase Ii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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. Actual rent at Chestertown Landing Phase Ii may be lower for income-eligible households.
Who manages Chestertown Landing Phase Ii?+
Chestertown Landing Phase Ii is managed by . You can reach them at .
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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