L uther Gardens is located in the Town of Milton and is just minutes from the beautiful resort area of
Lewes and Rehoboth Beach. Milton is a thriving community of small businesses and restored
historic homes and hosts a number of events through the year including annual tournaments, river
races, parades, and historic house tours.
Residents of Luther Gardens are within minutes of the Milton Public Library, The Rookery Golf Course, and
Stenger’s Shamrock Farms Par 3. Outdoor Recreation can be enjoyed at several parks throughout the
downtown area including the Prime Hook National Wildlife Refuge.
Milton public schools are part of the Cape Henlopen School District that include Milton and H.O.
Brittingham elementary schools, Mariner Middle School, and Cape Henlopen High School.
|One Bedroom (1/1)||-||Call for Price|
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.
This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.
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 Milton but actual income limits may differ for units at Luther Gardens Annex.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$29,400||$33,600||$37,800||$42,000||$45,400||$48,750||$52,100||$55,450|
|Low Income (60%)||$35,280||$40,320||$45,360||$50,400||$54,480||$58,500||$62,520||$66,540|