Greenside Manor
504 Cypress Drive, Seaford, Delaware 19973
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.
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.
- Low-Income Housing Tax Credit (LIHTC)
- Section 515 Rural Rental Housing
Property Amenities
- Playground
- BBQ and Picnic Area
- Computer Lab
- Business Center
- Clubhouse
- Laundry Room
- Gazebo
Unit Amenities
- Air Conditioning
- Cable and Satellite TV
- Window Coverings
- Carpet
- Security System
- Storage
Nearby Amenities
- Close to Dining
- Close to Public Transportation
- Close to Shopping
- Near Library
- Near Schools
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%) | $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 |
Greenside Manor is managed by TM Associates Management, Inc.
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