Parkview At Taylor was developed and operates with Federal housing financing.
The property utilizes the Low Income Housing Tax Credit Federal housing program to make rent affordable to lower income tenants.
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 2000.
The property was placed in service in 2001.
100 of 100
units at Parkview At Taylor 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.
Parkview At Taylor 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).
Parkview At Taylor is an apartment community containing 100 rental units.
The property contains 104 bedrooms and based on typical apartment occupancy limits, Parkview At Taylor
is home to not more than 160† persons when fully occupied.
This property does not provide any Federal rent subsidies to renters
reducing total tenant payments to 30% of their adjusted income. Renters are required to
pay the full rent, even if it is in excess of 30% of their income. In some cases the
property may accept Section 8 Housing Choice vouchers.
Parkview At Taylor contains a mix of 100 assisted
one and two bedroom apartments for rent. There are 96 One Bedroom and 4 Two Bedroom apartments in this property. The unit mix is 96% One Bedroom and 4% Two Bedroom apartment rentals. The average bedroom size for Parkview At Taylor is 1.04.