Spring Ridge Senior Apts.

6351 Spring Ridge Parkway, Frederick, Maryland 21701

Spring Ridge Senior Apts., located at 6351 Spring Ridge Parkway in Frederick, has one and two bedroom apartments. Spring Ridge Senior Apts. participates in the Low-Income Housing Tax Credit (LIHTC) program.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 654 $1,085
Two Bedroom (2/2) 761 $1,448

Spring Ridge Senior Apts. Details

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

Property Amenities

  • Controlled Access
  • Tennis Court
  • Community Room
  • Pool
  • 24hr Emergency Maintenance

Unit Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Cable/Satellite TV
  • Carpet
  • Patio, Deck Or Balcony
  • Security System

Nearby Amenities

  • Close to Business District
  • Close to Dining
  • Close to Downtown District
  • Close to Public Transportation
  • Close to Shopping
  • Near Library
  • Near Park

About Spring Ridge Senior Apts.

Come Home to Spring Ridge Community and enjoy an active, engaging lifestyle. The best life has to offer just outside your door with one and two bedroom-two bath apartments.

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.

Frederick Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Frederick but actual income limits may differ for units at Spring Ridge Senior Apts..

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $42,500 $48,550 $54,600 $60,650 $65,550 $70,400 $75,250 $80,100
Low Income (60%) $51,000 $58,260 $65,520 $72,780 $78,660 $84,480 $90,300 $96,120

Spring Ridge Senior Apts. was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Spring Ridge Senior Apts. is managed by Conifer Realty, LLC.

Image of Spring Ridge Senior Apts.
Image of Spring Ridge Senior Apts.