1800 N DuPont St, Wilmington, DE 19806
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley, Joshua CappellRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | 746 - 1,077 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Relax in this new beautiful building where management takes a personal interest in your comfort, satisfaction and tranquility. Seniors 62 and older please. Conveniently located adjacent to Trolley Square, the newly reconstructed Lincoln Towers offers eighty-eight one and two bedroom apartment homes for seniors 62 and older. Residents enjoy convenient on-site underground parking and many community-shared facilities including on-site professional management. Within walking distance are restaurants, shops, public transportation and Brandywine Park, where one can enjoy hiking, biking, picnicking or a stroll through formal gardens. The park is also home to the Baynard Stadium and the Brandywine Zoo. Lincoln Towers is part of the vibrant new Wilmington neighborhood known as Forty Acres, named for the fertile farmlands that comprised the original area. This thriving historic area defines “neighborhood” as a place offering strength, value and friendship. Find this and more at Lincoln Towers, where the past melds seamlessly into the future.
Because Lincoln Towers participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Because of the LIHTC program, additional units are set aside for households earning 50% or less of the AMI with corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 746ft2 | Call for Price† |
2 Bedroom (2/2) | 1077ft2 | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people |
---|---|---|---|---|
30% AMI for PBRA Units | $23,450 / year | $26,800 / year | $30,150 / year | $33,500 / year |
50% AMI for LIHTC Units | $39,100 / year | $44,650 / year | $50,250 / year | $55,800 / year |
50% AMI for PBRA Units | $39,100 / year | $44,650 / year | $50,250 / year | $55,800 / year |
60% AMI for LIHTC Units | $46,920 / year | $53,580 / year | $60,300 / year | $66,960 / year |
80% AMI for PBRA Units | $62,500 / year | $71,400 / year | $80,350 / year | $89,250 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Lincoln Towers have a waiting list?
Lincoln Towers probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Lincoln Towers?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Lincoln Towers?
Lincoln Towers is managed by The Michaels Organization headquartered in Camden, NJ.
In addition to Lincoln Towers, how many other affordable housing properties (and units) are there in Wilmington?
In addition to Lincoln Towers, we list 144 other affordable properties in Wilmington. Learn about these properties here. Our data research shows that there are a total of 5927 affordable units in Wilmington.
When was the Lincoln Towers listing last updated?
Lincoln Towers listing on Affordable Housing Online was last updated on 01/02/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
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