Maryland Apartments

1340 Maryland Street, Los Angeles, California 90017

Maryland Apartments Details

  • 30 units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Community Room
  • Grilling Area
  • Computer Room

About Maryland Apartments

Maryland Apartments is an apartment building containing 30 attractive studio units. Prior to renovation Maryland Apartments had fallen into major disrepair. Now, Maryland Apartments is home to formerly homeless individuals living with a mental illness.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Los Angeles Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Los Angeles but actual income limits may differ for units at Maryland Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $36,550 $41,800 $47,000 $52,200 $56,400 $60,600 $64,750 $68,950
Low Income (60%) $43,860 $50,160 $56,400 $62,640 $67,680 $72,720 $77,700 $82,740

Maryland Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Maryland Apartments is managed by Barker Management Incorporated(BMI).

Image of Maryland Apartments

Nearby Low Income Apartment Communities

Figueroa Place

1320 W Sunset Blvd
Los Angeles, CA
Income Based
2-4 BR
HCV Welcome

Hollywood Fountain South

6222 Fountain Ave
Los Angeles, CA
Income Based
1 BR
Subsidized

Adams Boulevard Apartments

4230 W Adams Blvd
Los Angeles, CA
Income Based
1-4 BR
Subsidized

Hollywood Fountain North

6233 Fountain Ave
Los Angeles, CA
Income Based
1 BR
62+
Subsidized