Meadowbridge Apartments

500 Findley Way, Unit 101, Seaford, Delaware 19973

Meadowbridge Apartments, in Seaford, DE, offers the best in affordable housing.  This beautiful community of 104 two bedroom apartments, was completely renovated in 2017 and provides our residents with a community they are proud to call home.  These spacious units offer comfortable living areas and plenty of storage space.  Meadowbridge Apartments is only minutes from U.S. Route 13 and within easy access to shopping, schools, churches, restaurants, grocery stores, daycare centers and more.

Our community center offers a comprehensive package of on-site services, including Tenant Services to assist our residents in obtaining a wide variety of community services.  Computers with internet service are available for educational purposes. Meadowbridge Apartments - the perfect place for you and your family.

 

Units

Unit (Bd/Ba)	Ft2	Rent
Two Bedroom (2/1)	-	Call for Price

Meadowbridge Apartments Details

• 104 two bedroom units.
• Low-Income Housing Tax Credit (LIHTC)
• HOME Investment Partnerships Program
• Section 515 Rural Rental Housing
• Section 8 Project-Based Rental Assistance

Office Hours

Day	Hours
Monday	8:00am-4:30pm
Tuesday	8:00am-4:30pm
Wednesday	8:00am-4:30pm
Thursday	8:00am-4:30pm
Friday	8:00am-4:30pm

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.

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.

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Meadowbridge Apartments is managed by Fairville Management Company.

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