751 West Saratoga Street, Baltimore, MD 21201
Waiting List Forecast: Likely Short or None
Verified for 2022 by Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Built in 2000, Terrace Garden Co-op is a 4-story, 88 unit community for independent senior citizens who are 62 years or older. It is nationally recognized as A Community of Quality by the National Affordable Housing Management Association.
Join the members of Terrace Garden Co-op for their trips to plays or dinners and summertime cookouts on the patio. When you're not socializing or volunteering, you can relax in the privacy of your own apartment.
Terrace Garden Co-op is conveniently located near I-95 and I-695. It is located in the heart of downtown Baltimore near hospitals, the Inner Harbor, and public transportation
Many of the units at Terrace Garden are subsidized and all of them are affordable. Don't wait, call for tours! Join us today!
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Terrance Garden Co-op does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Mobility Impaired - One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $42,600 / year | $48,700 / year | $54,800 / year | $60,850 / year |
| 50% AMI for PBRA Units | $42,600 / year | $48,700 / year | $54,800 / year | $60,850 / year |
| 60% AMI for LIHTC Units | $51,120 / year | $58,440 / year | $65,760 / year | $73,020 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Terrance Garden Co-op have a waiting list?
Terrance Garden Co-op probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Terrance Garden Co-op?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Terrance Garden Co-op?
Terrance Garden Co-op is managed by CSI Support & Development headquartered in Warren, Michigan.
In addition to Terrance Garden Co-op, how many other affordable housing properties (and units) are there in Baltimore?
In addition to Terrance Garden Co-op, we list 334 other affordable properties in Baltimore. Learn about these properties here. Our data research shows that there are a total of 30878 affordable units in Baltimore.
When was the Terrance Garden Co-op listing last updated?
Terrance Garden Co-op listing on Affordable Housing Online was last updated on 12/21/2022 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
Looking for housing as soon as possible?
Applying for waiting lists with preferences that you qualify for may help shorten the wait for available housing.Dessiré Rodriguez says:
"Affordable Housing Online is by far, the most up-to-date, comprehensive, and expansive Section 8 information database."