Terrace Garden Villa
751 West Saratoga Street
Baltimore, Baltimore City County, Maryland 21201

Call (855) 598-3283, enter extension 60857, then hit #.

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About 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 movie nights, 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!

Unit Information

Unit Bed/Bath Rent
One Bedroom 1/1 $
Two Bedroom 2/1 $

Property Amenities

  • Computer Lab
  • Library
  • Laundry Room
  • 24hr Emergency Maintenance
  • Assigned Parking

Unit Amenities

  • Window Coverings
  • Refrigerator

Nearby Amenities

  • Close to Public Transportation

Managed By CSI Support & Development

Funding Programs

Terrace Garden Villa 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. . 88 of 88 units at Terrace Garden Villa 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

Terrace Garden Villa 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).

Terrace Garden Villa is an apartment community containing 88 rental units. The property contains 91 bedrooms and based on typical apartment occupancy limits, Terrace Garden Villa is home to not more than 139 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

Terrace Garden Villa contains a mix of 88 assisted one and two bedroom apartments for rent. There are 85 One Bedroom and 3 Two Bedroom apartments in this property. The unit mix is 97% One Bedroom and 3% Two Bedroom apartment rentals. The average bedroom size for Terrace Garden Villa is 1.03.

Maryland's 3rd

Congressional District

88

Total Units

88

Tax Credit Units

One and Two

Unit Mix

1.03

Average Bedroom Size

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