About This Property
Chancellor's Run Apts comprises 40 units designated as low-income housing in Great Mills, Maryland. The property has been in service since 1990 and serves the St. Mary's County area. Interested parties can contact the property manager for additional information regarding availability and application procedures.
Property Details
Fair Market Rent - St. Mary's 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 | $1,470 |
| 1 Bedroom | $1,492 |
| 2 Bedroom | $1,755 |
| 3 Bedroom | $2,277 |
| 4 Bedroom | $2,662 |
Income Limits - St. Mary's County, MD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $22,850
- Very Low (50%)
- $38,050
- Low (80%)
- $55,950
- Extremely Low (30%)
- $26,100
- Very Low (50%)
- $43,500
- Low (80%)
- $63,950
- Extremely Low (30%)
- $29,350
- Very Low (50%)
- $48,950
- Low (80%)
- $71,950
- Extremely Low (30%)
- $32,600
- Very Low (50%)
- $54,350
- Low (80%)
- $79,900
- Extremely Low (30%)
- $35,250
- Very Low (50%)
- $58,700
- Low (80%)
- $86,300
- Extremely Low (30%)
- $37,850
- Very Low (50%)
- $63,050
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,450
- Very Low (50%)
- $67,400
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $71,750
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $22,850 | $38,050 | $55,950 |
| 2 Persons | $26,100 | $43,500 | $63,950 |
| 3 Persons | $29,350 | $48,950 | $71,950 |
| 4 Persons | $32,600 | $54,350 | $79,900 |
| 5 Persons | $35,250 | $58,700 | $86,300 |
| 6 Persons | $37,850 | $63,050 | $92,700 |
| 7 Persons | $40,450 | $67,400 | $99,100 |
| 8 Persons | $44,660 | $71,750 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Great Mills, MD?+
The Fair Market Rent (FMR) for St. Mary's County, MD is: $1470 (Studio), $1492 (1BR), $1755 (2BR), $2277 (3BR), $2662 (4BR). Actual rent at subsidized properties like Chancellor'S Run Apts is typically 30% of household income or less.
What are the income limits for affordable housing in St. Mary's County, MD?+
For a 4-person household in St. Mary's County, MD, the income limits are: Extremely Low Income (30% AMI): $32,600, Very Low Income (50% AMI): $54,350, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
How do I apply for housing at Chancellor'S Run Apts?+
Chancellor'S Run Apts 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 Chancellor'S Run Apts?+
Chancellor'S Run Apts is managed by . You can reach them at . Visit their website for more information.