About This Property
Bay Terrace Apartment offers 32 low-income units in Berlin, Maryland, serving families and disabled residents. The community features 12 two-bedroom and 20 three-bedroom apartments, placed in service in 2017 through a 9% Low-Income Housing Tax Credit (LIHTC) program. This non-profit-owned property provides affordable rental housing in Worcester County.
Property Details
Fair Market Rent - Worcester 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 | $993 |
| 1 Bedroom | $1,020 |
| 2 Bedroom | $1,145 |
| 3 Bedroom | $1,614 |
| 4 Bedroom | $1,797 |
Income Limits - Worcester County, MD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,800
- Very Low (50%)
- $27,950
- Low (80%)
- $44,700
- Extremely Low (30%)
- $19,200
- Very Low (50%)
- $31,950
- Low (80%)
- $51,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,950
- Low (80%)
- $57,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,900
- Low (80%)
- $63,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,100
- Low (80%)
- $68,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,300
- Low (80%)
- $74,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,500
- Low (80%)
- $79,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,700
- Low (80%)
- $84,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,800 | $27,950 | $44,700 |
| 2 Persons | $19,200 | $31,950 | $51,050 |
| 3 Persons | $21,960 | $35,950 | $57,450 |
| 4 Persons | $26,500 | $39,900 | $63,800 |
| 5 Persons | $31,040 | $43,100 | $68,950 |
| 6 Persons | $35,580 | $46,300 | $74,050 |
| 7 Persons | $40,120 | $49,500 | $79,150 |
| 8 Persons | $44,660 | $52,700 | $84,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Berlin, MD?+
The Fair Market Rent (FMR) for Worcester County, MD is: $993 (Studio), $1020 (1BR), $1145 (2BR), $1614 (3BR), $1797 (4BR). Actual rent at subsidized properties like Bay Terrace Apartment is typically 30% of household income or less.
What size apartments are available at Bay Terrace Apartment?+
Bay Terrace Apartment offers the following unit types: 12 Two-Bedroom, 20 Three-Bedroom units, for a total of 32 units.
Who manages Bay Terrace Apartment?+
Bay Terrace Apartment is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Worcester County, MD?+
For a 4-person household in Worcester County, MD, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,900, Low Income (80% AMI): $63,800. These limits are set by HUD and updated annually.
Who is eligible to live at Bay Terrace Apartment?+
Bay Terrace Apartment primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Bay Terrace Apartment?+
Bay Terrace Apartment 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 Berlin, MD?+
Based on Fair Market Rent for Worcester County, the estimated price range is: 2-bedroom: $1145, 3-bedroom: $1614. Actual rent at Bay Terrace Apartment 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.