Coachmans Manor

401 Carriage Way, New Castle, Delaware 19720

Coachman's Manor offers affordable one, two and three bedroom apartments under the Low Income Housing Tax Credit Program, and is located on Moores Lane just off Route 9 in New Castle, Delaware. The property provides easy access to shopping, banking and other conveniences, as well as to Interstate 295/95 and the Delaware Memorial Bridge.

Contact Coachmans Manor

Message Coachmans Manor

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom Apartment (1/1) - Call for Price
Two Bedroom Apartment (2/1) - Call for Price
Three Bedroom Apartments (3/2) - Call for Price

Coachmans Manor Details

  • 112 1, 2 and 3 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • HOME Investment Partnerships Program

Property Amenities

  • Playground
  • Laundry Room

Unit Amenities

  • Dishwasher
  • Garbage Disposal
  • Cable Ready
  • Spacious Closets
  • Window Coverings
  • Carpet
  • Refrigerator

Nearby Amenities

  • Close to Dining
  • Close to Public Transportation
  • Close to Shopping

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.

HOME Investment Partnerships Program

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.

New Castle 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 New Castle but actual income limits may differ for units at Coachmans Manor.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $36,900 $42,200 $47,450 $52,700 $56,950 $61,150 $65,350 $69,600
Low Income (60%) $44,280 $50,640 $56,940 $63,240 $68,340 $73,380 $78,420 $83,520

Coachmans Manor is managed by Arbor Management.

Image of Coachmans Manor

Nearby Low Income Apartment Communities

Wilton Club Apartments

113 Heatherton Lane
New Castle, Delaware
Call For Rent
2-3 BR
Subsidized