Basilica Place

124 W Franklin St, Baltimore, MD 21201

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Colleen Carter, Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 2 Beds	1 Bath	-

Call (410) 539-0418 Email

Waitlist Forecast

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.

Basilica Place, a Catholic Charities Senior Community, offers 200 one- and two-bedroom, rent-assisted apartments for seniors and disabled persons. Basilica Place is located in the Mount Vernon neighborhood of downtown Baltimore, across the street from the Enoch Pratt Library and The Basilica of the National Shrine of the Assumption of the Blessed Virgin Mary (known as Baltimore Basilica, America's first Cathedral). You can walk one block in any direction and find restaurants, museums and galleries, shopping and places of worship. The VA Hospital, the Waxter Senior Center and recreational activities are located nearby as well.

Catholic Charities welcomes people regardless of faith and is an Equal Housing Opportunity provider.

Dave's Thoughts On Basilica Place

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Basilica Place does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. Since the property also utilizes a FHA insured private mortgage, the property is subject to Federal physical condition requirements and REAC inspections. As a LIHTC property that chose the 20/50 election, this property has agreed to set aside at least 20% of its units for families and individuals earning 50% of Area Median Income (AMI). Many of these properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with very low incomes.

~ Dave Layfield, Founder of Affordable Housing Online

Basilica Place Amenities

Elevator
Library
Close to Public Transportation
Laundry Room
Cable Ready
Resident Service Coordinator
Computer Room
Personal 24-hour emergency call system
On-Site Security

Units at Basilica Place

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

Income Qualification for Basilica Place

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people
30% AMI for PBRA Units	$25,550 / year	$29,200 / year	$32,850 / year	$36,500 / year
50% AMI for LIHTC Units	$42,600 / year	$48,700 / year	$54,800 / year	$60,850 / year
50% AMI for PBRA Units	$42,600 / year	$48,700 / year	$54,800 / year	$60,850 / year
60% AMI for LIHTC Units	$51,120 / year	$58,440 / year	$65,760 / year	$73,020 / year
80% AMI for PBRA Units	$66,300 / year	$75,750 / year	$85,200 / year	$94,650 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Basilica Place

Does Basilica Place have a waiting list?

Basilica Place 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 Basilica Place?

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 Basilica Place?

Basilica Place is managed by Catholic Charities of Baltimore headquartered in Baltimore, MD.

In addition to Basilica Place, how many other affordable housing properties (and units) are there in Baltimore?

In addition to Basilica Place, we list 709 other affordable properties in Baltimore. Learn about these properties here. Our data research shows that there are a total of 30946 affordable units in Baltimore.

When was the Basilica Place listing last updated?

Basilica Place listing on Affordable Housing Online was last updated on 01/02/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.