8405 Hamlin St., Lanham, MD 20706
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,315 - 2,140 per Month† | 2 - 3 Beds | 1 - 2 Baths | 982 - 1,470 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Glenarden Hills is Prince George’s County’s newest comprehensive master-planned community. This new neighborhood is thoughtfully designed, walkable, and green, with a diverse array of housing types and amenities. The 27-acre site will be completed in four phases that will eventually include senior and family affordable apartments, market rate and affordable rental townhomes, and homeownership townhomes, including those with affordable financing options.
The early phases of Glenarden Hills apartments will feature an attractive blend of townhouse-style buildings with two-and three-bedroom townhome and stacked floorplans. The 5,900 square foot community clubhouse will feature a multi-purpose space, fitness center, management suite, resource center, locker rooms, kitchenette, outdoor patio with a grill, and tot-lot.
All resident applicants for the senior preference apartments will be sourced from the Prince George’s County Housing Authority Section 8 waiting list, which is currently closed. If you were a resident of the former Glenarden Apartments, but are unable to be housed in this first phase, you will have the right to first refusal of future phases.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Glenarden Hills does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom One Half Bath (2/1.5) | 1470ft2 | $1,315 $1,780† |
| Two Bedroom One Bath (2/1) | 982ft2 | $1,315 $1,780† |
| Three Bedroom (3/2) | 1338ft2 | $1,503 $2,140† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $31,650 / year | $36,200 / year | $40,700 / year | $45,200 / year | $48,850 / year | $52,450 / year |
| 50% AMI for LIHTC Units | $52,750 / year | $60,300 / year | $67,850 / year | $75,350 / year | $81,400 / year | $87,450 / year |
| 50% AMI for PBRA Units | $52,750 / year | $60,300 / year | $67,850 / year | $75,350 / year | $81,400 / year | $87,450 / year |
| 60% AMI for LIHTC Units | $63,300 / year | $72,360 / year | $81,420 / year | $90,420 / year | $97,680 / year | $104,940 / year |
| 80% AMI for PBRA Units | $66,750 / year | $76,250 / year | $85,800 / year | $95,300 / year | $102,950 / year | $110,550 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Glenarden Hills have a waiting list?
Glenarden Hills probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Glenarden Hills?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Glenarden Hills?
Glenarden Hills is managed by Pennrose Management Company headquartered in Philadelphia , Pennsylvania.
In addition to Glenarden Hills, how many other affordable housing properties (and units) are there in Lanham?
In addition to Glenarden Hills, we list 6 other affordable properties in Lanham. Learn about these properties here. Our data research shows that there are a total of 397 affordable units in Lanham.
When was the Glenarden Hills listing last updated?
Glenarden Hills listing on Affordable Housing Online was last updated on 01/01/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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