Units (88 total units)
|One Bedroom (1/1)||575||Call for Price|
|Two Bedroom (2/1)||-||Call for Price|
About Terrace Garden Co-op
Built in 2000, Terrace Garden Co-op is a 4-story, 88 unit community for independent senior citizens who are 62 years or older. It is nationally recognized as â€œA Community of Qualityâ€ by the National Affordable Housing Management Association.
Join the members of Terrace Garden Co-op for their movie nights, trips to plays or dinners and summertime cookouts on the patio. When youâ€™re not socializing or volunteering, you can relax in the privacy of your own apartment.
Terrace Garden Co-op is conveniently located near I-95 and I-695. It is located in the heart of downtown Baltimore near hospitals, the Inner Harbor, and public transportation. Many of the units at Terrace Garden are subsidized and all of them are affordable. Donâ€™t wait, call for tours! Join us today!
Terrace Garden Co-op is a 88 unit affordable housing community in Baltimore, Maryland. The community is located in the 7th Congressional District of Maryland. Terrace Garden Co-op participates in the Low Income Housing Tax Credit, and Public Housing programs.
Terrace Garden Co-op is owned and managed by the Housing Authority of Baltimore City.
Housing Authority of Baltimore City Public Housing Waiting List Status:
- Computer Lab
- Laundry Room
- 24hr Emergency Maintenance
- Window Coverings
- Close to Public Transportation
Low Income Housing Tax Credit
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, monthly rent cannot exceed the Tax Credit maximum rent for the area. Households earning less than 60% of the area median income qualify for units with reduced rent. Some rental units in this property may not be subject to LIHTC, not have income limits and therefore may be set at levels higher than the LIHTC limits below.
Low Income Housing Tax Credit Income Limits
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.