Lansdowne Gardens Apartments
2401 Tionesta Road
Baltimore, Baltimore City County, Maryland 21227

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Funding Programs

Lansdowne Gardens Apartments was developed and operates with Federal housing financing. The property utilizes 3 Federal housing programs to make rent affordable to lower income tenants. These programs are Low Income Housing Tax Credit, HOME, and Project Based Sec. 8.

Section 8

Lansdowne Gardens Apartments has a project-based Section 8 contract. 151 of the 168 total units at the property receive Section 8 assistance. This means that 90% of the renter households in the property pay no more than 30% of their adjusted income for rent.

The current Section 8 contract was effective on June 01, 2006 and the contract expires on May 31, 2026. The Section 8 contract rent is 76.9% of the Fair Market Rent for the area. According to the HUD Multifamily database, the fair market rents for the area are $1,033.00 for One Bedroom, $1,298.00 for Two Bedroom, and $1,663.00 for Three Bedroom.

26% of Maryland properties and 26% of all properties across the country have Section 8 rental subsidies. See the Rent Subsidies section for more.

Low Income Housing Tax Credit

The property was developed using the Low Income Housing Tax Credit Program. This program incentivizes investors to inject capital into rental apartments for lower income Americans. The property received a tax credit allocation in 2005. The property was placed in service in 2006. 168 of 168 units at Lansdowne Gardens Apartments are low income and subject to the tax credit program. The property, at the time of the tax credit allocation, was not located in a Qualified Census Tract or a Difficult Development Area and was not qualified for additional tax credit funding.

HOME Investment Partnership

The property was financed in part with financing through the Federal HOME Investment Partnership Program. 168 of the 168 total units at Lansdowne Gardens Apartments are assisted under the HOME program.

Overview

Lansdowne Gardens Apartments is an affordable apartment community located in Baltimore, Maryland which is located in Baltimore City County. The property is located in Maryland's 3rd Congressional District served by Representative John Sarbanes (D), Senator Chris Van Hollen (D) and Senator Benjamin Cardin (D).

Lansdowne Gardens Apartments is an apartment community containing 151 rental units. This property serves all family types. The property contains 272 bedrooms and based on typical apartment occupancy limits, Lansdowne Gardens Apartments is home to not more than 523 persons when fully occupied.

Rent Subsidies

Lansdowne Gardens Apartments provides rental subsidies to renters. The type of subsidy provided to apartment renters in Baltimore, MD by this property is Project Based Sec. 8.

This subsidy allows the renter to pay 30% of his or her income for rent while the subsidy pays the difference. To qualify, a renter must earn 50% or less of the Area Median Income.

There is a minimum rent payment of not less than $25 and as much as $50 for all subsidy recipients at this property. That means that even if a renter has zero income, they will still be required to pay rent. In recent years, there have been various legislative proposals to increase the Section 8 minimum rent but advocates make the valid point that minimum rents affect the poorest of the poor.

Unit Mix

Lansdowne Gardens Apartments contains a mix of 151 assisted one, two, and three bedroom apartments for rent. There are 42 One Bedroom, 97 Two Bedroom, and 12 Three Bedroom apartments in this property. The unit mix is 28% One Bedroom, 64% Two Bedroom, and 8% Three Bedroom apartment rentals. The average bedroom size for Lansdowne Gardens Apartments is 1.62.

Maryland's 3rd

Congressional District

151

Total Units

168

Tax Credit Units

168

HOME Units

151

Project Based Sec. 8 Units

76.9

% of Fair Market Rent

31-May-26

Project Based Sec. 8 Contract Expiration

One, Two, and Three

Unit Mix

1.62

Average Bedroom Size

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† These counts are estimates based on the data available from HUD. Learn More About Our Data