7070 Cradlerock Way, Columbia, MD 21045
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | 572 Sq Ft |
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.
Park View at Columbia is the area’s most exciting apartment community for seniors, where you will find luxury living at an affordable price. Nestled in a quiet area near trees and walking paths, Park View Columbia is only steps from a grocery store, banks, restaurants, and specialty shops.
Inside their 104 one-bedroom apartment homes, you will find a fully equipped kitchen, wall-to-wall carpet, individually controlled heating and air-conditioning system, emergency pull cord system, and much more.
Their community features an electronically controlled entry system, a spacious community room with a kitchen, a convenient laundry facility, and a connecting computer center/lounge. Other amenities include a movie theater, game/billiard room and fitness center.
The Residents at Park View Columbia can enjoy social activities with neighbors, participating in wellness programs, or just relaxing with friends on the covered front patio.
Welcome to Park View Columbia, retirement living at an affordable price.
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 Park View at Columbia 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 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many 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 lower incomes.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 572ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 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 |
| 60% AMI for LIHTC Units | $51,120 / year | $58,440 / year | $65,760 / year | $73,020 / year | $78,900 / year | $84,720 / year | $90,600 / year | $96,420 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Park View at Columbia have a waiting list?
Park View at Columbia 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 Park View at Columbia?
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 Park View at Columbia?
Park View at Columbia is managed by Enterprise Residential headquartered in Baltimore, MD.
In addition to Park View at Columbia, how many other affordable housing properties (and units) are there in Columbia?
In addition to Park View at Columbia, we list 50 other affordable properties in Columbia. Learn about these properties here. Our data research shows that there are a total of 1771 affordable units in Columbia.
When was the Park View at Columbia listing last updated?
Park View at Columbia listing on Affordable Housing Online was last updated on 04/05/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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