Flats Phase I

525 N Union Street, Wilmington, Delaware 19805

Due to the volume of applications on the waiting list and minimal turnover creating an unreasonable waiting period of at least 3-5 years, the waiting list is now CLOSED for The Flats Phases I, II and III. 

 

The Flats of Wilmington, DE are a wonderful living opportunity. This collection of homes features a playground, energy efficient appliances, and a warm community room.

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Waiting List Closed is Closed

Due to the volume of applications on the waiting list and minimal turnover creating an unreasonable waiting period of at least 3-5 years, the waiting list is now CLOSED for The Flats Phases I, II and III. 

Last updated on October 20th, 2021

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - From $330 To $769
Two Bedroom (2/1) - From $388 To $911
Three Bedroom (3/1) - From $439 To $1,026

Flats Phase I Details

  • 72 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Community Room
  • Off-Street Parking
  • Resident Service Coordinator
  • Smoke Free
  • 24 Hour Maintenance
  • On Bus-line

Unit Amenities

  • Washer/Dryer Hookup
  • Energy Efficient Appliances

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.

Flats Phase I is managed by NeighborWorks New Horizons.

Image of Flats Phase I

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