Jefferson Apartments

825 King Highway #101, Lewes, Delaware 19958

Multifamily Housing Property in Resort town.

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Units

Unit (Bd/Ba) Ft2 Rent
JI 1 Bedroom (1/1) - Call for Price
JII 1 Bedroom (1/1) - Call for Price
JI 2 Bedroom (2/1) - Call for Price
JII 2 Bedroom (2/1) - Call for Price
JI 3 Bedroom (3/1) - Call for Price

Jefferson Apartments Details

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

Property Amenities

  • Playground
  • BBQ/Picnic Area
  • Laundry Room
  • 24hr Emergency Maintenance
  • Rural Area

Unit Amenities

  • Air Conditioning
  • Ceiling Fan(s)
  • All Appliances included
  • Dishwasher
  • Garbage Disposal
  • Cable/Satellite TV
  • Utilities Included
  • Walk-in Closet(s)
  • Carpet
  • Patio, Deck Or Balcony

Nearby Amenities

  • Close to Business District
  • Close to Dining
  • 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.

Lewes HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Lewes but actual income limits may differ for units at Jefferson Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $15,800 $18,050 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% $26,300 $30,050 $33,800 $37,550 $40,600 $43,600 $46,600 $49,600
80% $42,100 $48,100 $54,100 $60,100 $64,950 $69,750 $74,550 $79,350

Lewes 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 Lewes but actual income limits may differ for units at Jefferson Apartments.

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

Jefferson Apartments is managed by The Severn Companies.

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