214 North Street, Elkton, MD 21921
Waiting List Forecast: Likely Short or None
Verified for 2020 by Lorena Bentley, Alli Poe| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $718 - 1,049 per Month† | 1 - 2 Beds | 1 Bath | 617 - 886 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.
Situated in downtown Elkton, Maryland, North Street Senior Residences offers new, affordable senior apartments with features and amenities to suit a maintenance-free lifestyle. Our one and two bedroom floor plans each feature a fully-equipped kitchen with Energy Star appliances and an open-concept breakfast bar, multiple closets for generous storage space, window treatments and a spacious layout. One and two bedroom handicap accessible apartments are also available upon request.
In addition to our modern floor plans, North Street Senior Residences also offers an array of amenities for added convenience and comfort. Utilize the Resident Activity Center where you can participate in social events and activities from arts and crafts to seasonal celebrations or learn new skills in the computer lab. Our two elevators allow for easy, one-level living and our buildings are equipped with a laundry center and controlled access entry. The onsite management and maintenance team is here to provide you with outstanding customer service and 24 hour emergency maintenance.
With the most ideal location in Cecil County, North Street Senior Apartments is located on a bus line for easy transportation. You can enjoy beautiful views of historic downtown Elkton and the convenience of having a variety of shops and restaurants within walking distance to your home. Our apartments are located near medical and health services, including Union Hospital. With a central location close to major roadways MD Route 40 and I-95, you can reach Delaware, the beautiful Delmarva Peninsula or Baltimore in no time at all. Experience the carefree retirement lifestyle you deserve at North Street Senior Residences. Call today to learn how to apply!
*Head of household must be at least 62 years of age and all other household members must be at least 55 years of age.
Awards:
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 North Street Senior Residences 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Unit 1A (1/1) | 617ft2 | $718 $874† |
| Unit 2A (2/1) | 886ft2 | $967 $1,049† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $39,100 / year | $44,650 / year | $50,250 / year | $55,800 / year |
| 50% AMI for PBRA Units | $39,100 / year | $44,650 / year | $50,250 / year | $55,800 / year |
| 60% AMI for LIHTC Units | $46,920 / year | $53,580 / year | $60,300 / year | $66,960 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does North Street Senior Residences have a waiting list?
North Street Senior Residences 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 North Street Senior Residences?
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.
In addition to North Street Senior Residences, how many other affordable housing properties (and units) are there in Elkton?
In addition to North Street Senior Residences, we list 18 other affordable properties in Elkton. Learn about these properties here. Our data research shows that there are a total of 983 affordable units in Elkton.
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