520 N. Market Apartments, located at 520 North Market Street in Frederick, has one, two and three bedroom apartments. 520 N. Market Apartments participates in the Low-Income Housing Tax Credit (LIHTC) program.
|One Bedroom (1/1)||600-755||From $713 To $1,200|
|Two Bedroom (2/1)||1117||From $837 To $1,400|
|Three Bedroom (3/2)||1112-1298||From $964 To $1,536|
The 520 N. Market Street Apartments are 59 units of newly constructed affordable apartments in the City of Fredrick, Maryland in Frederick County. Units are available for all members of the public. A number of handicap accessible units are available
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.