5500 Wabash Avenue, Baltimore, MD 21215
Waiting List Forecast: Likely Long or Closed
Verified for 2022 by Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | - |
Since this property is a Section 202 property and includes rental assistance, it will tend to have a longer waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
Wabash Estates Co-op is a three story, 57 apartment community for independent senior citizens who are 62 years or older. It is conveniently located near I-83 and I-695.
Wabash Estates Co-op Apartments is a healthy and safe environment to live in because it is 100% smoke free. Smoking is not allowed within the individual apartments and the common areas.
Wabash Estates Co-op is affordable for everyone. Every unit has subsidy and resident members pay only 30% of their adjusted income for rent.
As a modern Section 202 property built after 1990, Wabash Estates Co-op only allows seniors aged 62 or older. Older “Legacy” 202 properties (pre-1990) do allow younger persons with disabilities. Modern 202 properties tend to be in better physical condition primarily due to age. Section 202 properties include a rent subsidy, so you will only pay 30% of your income toward rent. To qualify, you will need to earn 50% of the Area Median Income or less. These properties often include a resident services coordinator that arranges services like healthcare management, transportation, and social activities. If you are a senior or have a senior in your household, and need services to maintain independent living, this property may be good for you. Since this property participates in the HUD 202 program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 bedroom (1/1) | - | Rent is Based On Your Income† |
| Mobility Impaired (1/1) | - | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $25,550 / year | $29,200 / year | $32,850 / year | $36,500 / year | $39,450 / year | $42,350 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $42,600 / year | $48,700 / year | $54,800 / year | $60,850 / year | $65,750 / year | $70,600 / year | $75,500 / year | $80,350 / year |
| 50% AMI for PBRA Units | $42,600 / year | $48,700 / year | $54,800 / year | $60,850 / year | $65,750 / year | $70,600 / year | $75,500 / year | $80,350 / year |
| 80% AMI for PBRA Units | $66,300 / year | $75,750 / year | $85,200 / year | $94,650 / year | $102,250 / year | $109,800 / year | $117,400 / year | $124,950 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Wabash Estates Co-op have a waiting list?
Wabash Estates Co-op probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Wabash Estates Co-op?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Wabash Estates Co-op?
Wabash Estates Co-op is managed by CSI Support & Development headquartered in Warren, Michigan.
In addition to Wabash Estates Co-op, how many other affordable housing properties (and units) are there in Baltimore?
In addition to Wabash Estates Co-op, we list 333 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 Wabash Estates Co-op listing last updated?
Wabash Estates Co-op listing on Affordable Housing Online was last updated on 12/21/2022 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
Housing options for renters with a criminal record.
A criminal history does not automatically disqualify a renter from federal housing assistance. But more serious offenses may make you inelligible if they were recent.Courtney Cannon Scott says:
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