520 N. Market Apartments

520 North Market Street, Frederick, Maryland 21701

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.

Units

Unit (Bd/Ba) Ft2 Rent
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

520 N. Market Apartments Details

  • 9 one, two and three bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

About 520 N. Market Apartments

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

Low-Income Housing Tax Credit (LIHTC)

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.

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