Mispillion Apartments

504 Mispillion Apartments, Milford, Delaware 19963

3 Phases. Each Phase has a couple of 1 and 2 Bedroom for the Elderly and Disabled availible. 1 and 2 Bedroom Units.

Units

Unit (Bd/Ba)	Ft2	Rent
1 Bedroom (1/1)	-	Call for Price
1 Bedroom (1/1)	-	Call for Price
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price
2 Bedroom (2/0)	-	Call for Price

Mispillion Apartments Details

• 32 one and two bedroom units.
• Section 515 Rural Rental Housing
• Low-Income Housing Tax Credit (LIHTC)

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

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.

Mispillion Apartments is managed by The Severn Companies.

Nearby Low Income Apartment Communities