The Villas II at Delmar Crossing

600 Magnolia Dr, Delmar, Delaware 19940

The Villas II at Delmar Crossing offers those persons who are at least 62 years of age affordable one and two bedroom apartments under the Low Income Housing Tax Credit Program. We are located in Delmar, Delaware near Route 13, just a few miles north of Salisbury, Maryland, where many conveniences are available.

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Units

Unit (Bd/Ba) Ft2 Rent
Cottage Style Apartment (1/1) - Call for Price
Cottage Style Apartment (1/1) - Call for Price
Cottage Style Apartment (1/1) 704 Call for Price
Cottage Style Apartment (2/1) - Call for Price
Cottage Style Apartment (2/1) - Call for Price
Cottage Style Apartment (2/1) 950 Call for Price

The Villas II at Delmar Crossing Details

  • 24 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • 24hr Emergency Maintenance
  • Off-Street Parking

Unit Amenities

  • Dishwasher
  • Garbage Disposal
  • Spacious Closets
  • Window Coverings
  • Carpet
  • Patio, Deck Or Balcony
  • Private Entrance
  • Refrigerator

Nearby Amenities

  • Close to Business District
  • Close to Dining
  • Close to Downtown District
  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital
  • Near Library
  • Near Park
  • Near Schools

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.

Delmar 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 Delmar but actual income limits may differ for units at The Villas II at Delmar Crossing.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $26,300 $30,050 $33,800 $37,550 $40,600 $43,600 $46,600 $49,600
Low Income (60%) $31,560 $36,060 $40,560 $45,060 $48,720 $52,320 $55,920 $59,520

The Villas II at Delmar Crossing is managed by Arbor Management.

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