Printers Square Apartments
1312 Guilford Ave
Baltimore, Baltimore City County, Maryland 21202

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Funding Programs

Printers Square Apts 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 2004. The property was placed in service in 2006. 30 of 60 units at Printers Square Apts 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.

Overview

Printers Square Apts 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).

Printers Square Apts is an apartment community containing 47 rental units. This property serves all family types. The property contains 63 bedrooms and based on typical apartment occupancy limits, Printers Square Apts is home to not more than 110 persons when fully occupied.

Rental Subsidies

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.

Unit Mix

Printers Square Apts contains a mix of 47 assisted one and two bedroom apartments for rent. There are 31 One Bedroom and 16 Two Bedroom apartments in this property. The unit mix is 66% One Bedroom and 34% Two Bedroom apartment rentals. The average bedroom size for Printers Square Apts is 1.05.

Maryland's 3rd

Congressional District

47

Total Units

30

Tax Credit Units

One and Two

Unit Mix

1.05

Average Bedroom Size

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