River Commons Apartments

200 N Poplar St, Wilmington, Delaware 19801

River Commons Apartments is walk up garden style community located in Downtown Wilmington, DE that offers 2 & 3 bedroom units with fully accessible handicap first floor units.

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Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) 836 Call for Price
3 Bedroom (3/2) 1138 Call for Price

River Commons Apartments Details

  • 116 two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 811 PRA

Property Amenities

  • Playground
  • Community Room
  • 24hr Emergency Maintenance
  • Off-Street Parking
  • On-Site Management

Unit Amenities

  • Private Entrance
  • Central Heat & Air
  • Fully Equipped Kitchen
  • Washer/ Dryer
  • Mini Blinds & Curtain Rods
  • Wall-to-Wall Carpeting

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 811 PRA

Some of the units at this property have received funding through HUD's Section 811 Project Rental Assistance (PRA) Program. For these PRA funded units, tenants must be extremely low-income (at or below 30% of Area Median Income) and at least one adult member of the household must have a disability. The person with the disability must be eligible for community-based, long-term services as provided under the state’s plan for medical assistance under Title XIX of the Social Security Act (Medicaid), state funded services or other appropriate services defined in the written partnership agreement.

Wilmington 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 Wilmington but actual income limits may differ for units at River Commons Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $33,100 $37,800 $42,550 $47,250 $51,050 $54,850 $58,600 $62,400
Low Income (60%) $39,720 $45,360 $51,060 $56,700 $61,260 $65,820 $70,320 $74,880

River Commons Apartments is managed by Evergreen Apartment Group.

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