Friendship Heights

702 Morris Ave, Friendsville, Maryland 21531

Friendship Heights, located at 702 Morris Ave in Friendsville, has one bedroom apartments. Friendship Heights participates in the Low-Income Housing Tax Credit (LIHTC), Section 515 Rural Rental Housing and Section 521 USDA Rental Assistance programs.

Contact Friendship Heights

Message Friendship Heights

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 620 Call for Price

Friendship Heights Details

  • 24 one bedroom units.
  • Project-Based Rental Assistance

Property Amenities

  • BBQ/Picnic Area
  • Community Room
  • 24hr Emergency Maintenance
  • Rural Area
  • Gazebo

Unit Amenities

  • Air Conditioning
  • Cable/Satellite TV
  • Carpet
  • Security System

Nearby Amenities

  • Close to Dining
  • Close to Downtown District
  • Close to Shopping
  • Near Library

About Friendship Heights

This complex is located in Friendsville, Maryland adjacent to the Youghiogheny River which is enjoyed by many whitewater rafters. All conveniences are within walking distance from the property. Friendship Heights is a secured building and has three stories serviced by an elevator. Tenants enjoy lunch and bingo every Thursday in the community room. There is a senior center with many activities and meals is located within the town.

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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Friendsville HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Friendsville but actual income limits may differ for units at Friendship Heights.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $14,350 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% $23,950 $27,400 $30,800 $34,200 $36,950 $39,700 $42,450 $45,150
80% $38,300 $43,800 $49,250 $54,700 $59,100 $63,500 $67,850 $72,250

Friendsville 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 Friendsville but actual income limits may differ for units at Friendship Heights.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $23,950 $27,400 $30,800 $34,200 $36,950 $39,700 $42,450 $45,150
Low Income (60%) $28,740 $32,880 $36,960 $41,040 $44,340 $47,640 $50,940 $54,180

These general income qualifications for Friendsville, Maryland should only be used as a basic guide. To find out if you qualify, contact the community directly.

Friendship Heights was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since Friendship Heights has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

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.

Friendship Heights is managed by TM Associates Management, Inc.

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Image of Friendship Heights

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