New Hope Housing II

S New St and S Queen St, Dover, Delaware 19904

Eighteen garden-style apartments, including 14 two bedroom apartments, and 4 one bedroom apartments

Apartments are based on availability, and, in some cases, program restrictions apply.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - From $360 To $470
2 Bedroom (2/1) - From $415 To $550

New Hope Housing II Details

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

Property Amenities

  • On-site Laundry

Unit Amenities

  • Air Conditioning
  • Water Included
  • Wall-to-Wall Carpeting

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.

Dover 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 Dover but actual income limits may differ for units at New Hope Housing II.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $24,150 $27,600 $31,050 $34,500 $37,300 $40,050 $42,800 $45,550
Low Income (60%) $28,980 $33,120 $37,260 $41,400 $44,760 $48,060 $51,360 $54,660

New Hope Housing II is managed by Columbus Property Management.