Greenside Manor

504 Cypress Drive, Seaford, Delaware 19973

Greenside Manor, located at 504 Cypress Drive in Seaford, has one and two bedroom apartments. Greenside Manor participates in the Low-Income Housing Tax Credit (LIHTC) and Section 515 Rural Rental Housing programs.

Contact Greenside Manor

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 702 Call for Price
Two Bedroom (2/1) 904 Call for Price

Greenside Manor Details

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

Property Amenities

  • Playground
  • BBQ/Picnic Area
  • Computer Lab
  • Business Center
  • Clubhouse
  • Laundry Room
  • Gazebo

Unit Amenities

  • Air Conditioning
  • Cable/Satellite TV
  • Window Coverings
  • Carpet
  • Security System
  • Storage

Nearby Amenities

  • Close to Dining
  • Close to Public Transportation
  • Close to Shopping
  • Near Library
  • Near Schools

About Greenside Manor

Newly renovated community located near restaurants, shopping and schools. Easy access to Rt. 13. The property underwent a comprehensive renovation in 2012 providing for brand new floor plans, a community building, playground and other site amenities. We are proud to announce that Greenside Manor is now a non-smoking property. We provide very generous extra storage in a separate, secure building on site. No need to pay extra for expensive self storage.

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.

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.

Seaford 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 Seaford but actual income limits may differ for units at Greenside Manor.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,250 $28,850 $32,450 $36,050 $38,950 $41,850 $44,750 $47,600
Low Income (60%) $30,300 $34,620 $38,940 $43,260 $46,740 $50,220 $53,700 $57,120

Greenside Manor 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.

Greenside Manor is managed by TM Associates Management, Inc.

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