Shelter Development Corp.
4300 Cardwell Avenue
Baltimore, Baltimore City County, Maryland 21236

Call (855) 598-3283, enter extension 21602, then hit #.

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Funding Programs

Shelter Development Corp. 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. . 90 of 90 units at Shelter Development Corp. 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

Shelter Development Corp. 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).

Shelter Development Corp. is an apartment community containing 90 rental units. The property contains 87 bedrooms and based on typical apartment occupancy limits, Shelter Development Corp. is home to not more than 133 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

Shelter Development Corp. contains a mix of 90 assisted studio and one bedroom apartments for rent. There are 3 Studio and 87 One Bedroom apartments in this property. The unit mix is 3% Studio and 97% One Bedroom apartment rentals. The average bedroom size for Shelter Development Corp. is 0.97.

Maryland's 3rd

Congressional District

90

Total Units

90

Tax Credit Units

Studio and One

Unit Mix

0.97

Average Bedroom Size

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