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Albemarle Square II - Tc

1114 Granby St # 1118, Baltimore, Maryland 21202

Our affordable yet expansive one, two and three bedroom apartments and townhomes are designed for your comfort. Carefully selected amenities, such as a full-size washer and dryer and dishwasher, put you in the center of comfort and convenience. Albemarle Square Apartments is located in the heart of downtown Baltimore, offering a selection of entertainment, shopping and dining venues right at your fingertips. Your new home is waiting for you at Albemarle Square Apartments.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Income Based
2 Bedroom (2/1) - Income Based
3 Bedroom (3/1) - Income Based

Albemarle Square II - Tc Details

  • 124 one, two and three bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Controlled Access
  • Pet Friendly
  • 24 Hour Maintenance
  • Wheel Chair Accessible

Unit Amenities

  • Fully Equipped Kitchen
  • Washer/ Dryer
  • Controlled Heat and Electricity

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.

Baltimore 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 Baltimore but actual income limits may differ for units at Albemarle Square II - Tc.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $35,350 $40,400 $45,450 $50,500 $54,550 $58,600 $62,650 $66,700
Low Income (60%) $42,420 $48,480 $54,540 $60,600 $65,460 $70,320 $75,180 $80,040

Albemarle Square II - Tc was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Albemarle Square II - Tc is managed by Edgewood Management Corporation.

Image of Albemarle Square II - Tc
Image of Albemarle Square II - Tc
Image of Albemarle Square II - Tc

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