517 Bay St, Berlin, MD 21811
Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units
Verified for 2023 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
Since this property is a USDA 515 and LIHTC property that might have rental assistance for some or all units, there might be seperate or split waiting lists for rental assistance and non-rental assistance units. In this case, the rental assistance waiting list can be much longer than properties without rental assistance. The non-rental assistance units waiting list is likely much shorter or it may not have a waiting list at all. 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.
This property participates in the LIHTC program and the Section 8 Project-Based Rental Assistance program.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $19,850 / year | $22,650 / year | $25,500 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $33,050 / year | $37,800 / year | $42,500 / year | $47,200 / year | $51,000 / year | $54,800 / year | $58,550 / year | $62,350 / year |
| 50% AMI for PBRA Units | $33,050 / year | $37,800 / year | $42,500 / year | $47,200 / year | $51,000 / year | $54,800 / year | $58,550 / year | $62,350 / year |
| 60% AMI for LIHTC Units | $39,660 / year | $45,360 / year | $51,000 / year | $56,640 / year | $61,200 / year | $65,760 / year | $70,260 / year | $74,820 / year |
| 80% AMI for PBRA Units | $52,850 / year | $60,400 / year | $67,950 / year | $75,500 / year | $81,550 / year | $87,600 / year | $93,650 / year | $99,700 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Bay Terrace Gardens Apartments have a waiting list?
Bay Terrace Gardens Apartments 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 Bay Terrace Gardens Apartments?
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.
In addition to Bay Terrace Gardens Apartments, how many other affordable housing properties (and units) are there in Berlin?
In addition to Bay Terrace Gardens Apartments, we list 8 other affordable properties in Berlin. Learn about these properties here. Our data research shows that there are a total of 275 affordable units in Berlin.
When was the Bay Terrace Gardens Apartments listing last updated?
Bay Terrace Gardens Apartments listing on Affordable Housing Online was last updated on 01/01/2023 by Joshua Cappell. Remember, a property's status can change so you should contact the property to confirm.
10218 Old Ocean City Blvd #1000, Berlin, Maryland 21811
9100 Reedy Cove Dr, Berlin, Maryland 21811
Applying for housing with bad credit.
Some housing assistance programs require a credit check, including Low-Income Housing Tax Credit apartments. Having bad credit may make you ineligible.Katana Keller says:
"As a disabled renter, searching online for places I could potentially live, and being kept up to date for many kinds of housing by Affordable Housing Online is very helpful."