29418 Mathewstown Road, Easton, MD 21601
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 790 - 1,161 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.
Galloway Meadows is a new Apartment Rental Community in Easton, Maryland. This beautiful new community is the best in affordable housing, offering a variety of floor plans, making it easy to meet your family's individual needs. Attractive building design and professionally landscaped grounds, including a tot lot, are only a few of the amenities that Galloway Meadows has to offer.
This new apartment rental community offers a community center, with computers and internet service and offer a comprehensive package of on- site services. Staffing include sa Tenant Services Coordinator to assist our residents in obtaining a wide variety of services. Located within a short walk from a Maryland Upper Shore Transit (MUST) bus route, Galloway Meadows' location is conveniently located on Matthewstown Road towards the east side of Rte. 50 in Easton, MD. A short drive north brings you to the resort towns of St. Michaels and Oxford, while another 10 minutes north finds premier shopping and dining at the Queenstown Prime Outlets. Idlewild Park, with its wide variety of sports fields and large Picnic Pavilion, as well as the fishing pier at the Frederick C. Malkus Bridge, are all a short ride away. This prime location has shopping within walking distance and is close to local hospitals, schools, churches, daycare centers and more.
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 Galloway Meadows 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. 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. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 790ft2 | Call for Price† |
| Two Bedroom (2/1) | 866ft2 | Call for Price† |
| Three Bedroom (3/2) | 1161ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $21,700 / year | $24,800 / year | $27,900 / year | $31,000 / year | $35,140 / year | $40,280 / year |
| 50% AMI for LIHTC Units | $36,200 / year | $41,400 / year | $46,550 / year | $51,700 / year | $55,850 / year | $60,000 / year |
| 50% AMI for PBRA Units | $36,200 / year | $41,400 / year | $46,550 / year | $51,700 / year | $55,850 / year | $60,000 / year |
| 60% AMI for LIHTC Units | $43,440 / year | $49,680 / year | $55,860 / year | $62,040 / year | $67,020 / year | $72,000 / year |
| 80% AMI for PBRA Units | $57,900 / year | $66,200 / year | $74,450 / year | $82,700 / year | $89,350 / year | $95,950 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Galloway Meadows have a waiting list?
Galloway Meadows 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 Galloway Meadows ?
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 Galloway Meadows ?
Galloway Meadows is managed by Fairville Management Company headquartered in Hockessin , Delaware.
In addition to Galloway Meadows , how many other affordable housing properties (and units) are there in Talbot County?
In addition to Galloway Meadows , we list 6 other affordable properties in Talbot County. Learn about these properties here. Our data research shows that there are a total of 199 affordable units in Talbot County.
When was the Galloway Meadows listing last updated?
Galloway Meadows listing on Affordable Housing Online was last updated on 01/01/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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