Victoria Mews Apartments

13-D O, Newark, Delaware 19711

Victoria Mews Apartments, located at 13-D O in Newark, has one and two bedroom apartments. Victoria Mews Apartments participates in the Low-Income Housing Tax Credit (LIHTC) program.

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Last updated on December 18th, 2018

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 695 $671
Two Bedroom (2/1) 835 $770

Victoria Mews Apartments Details

  • 103 one and two bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Playground
  • 24hr Emergency Maintenance

About Victoria Mews Apartments

Victoria Mews Apartments offers Garden Style Apartmetns that were fully renovaited in 2006. Our community is an establised property on a quiet tree line street. We have first floor fully handicapped accessible units.

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.

Newark 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 Newark but actual income limits may differ for units at Victoria Mews Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $31,550 $36,050 $40,550 $45,050 $48,700 $52,300 $55,900 $59,500
Low Income (60%) $37,860 $43,260 $48,660 $54,060 $58,440 $62,760 $67,080 $71,400

Victoria Mews Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Victoria Mews Apartments is managed by Fairville Management Company.

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