Friendship Heights

702 Morris Ave, Friendsville, Maryland 21531

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.

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Units

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

Friendship Heights Details

  • 24 one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance

Property Amenities

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

Unit Amenities

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

Nearby Amenities

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

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% $16,950 $19,350 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% $28,200 $32,200 $36,250 $40,250 $43,500 $46,700 $49,950 $53,150
80% $45,100 $51,550 $58,000 $64,400 $69,600 $74,750 $79,900 $85,050

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%) $28,200 $32,200 $36,250 $40,250 $43,500 $46,700 $49,950 $53,150
Low Income (60%) $33,840 $38,640 $43,500 $48,300 $52,200 $56,040 $59,940 $63,780

Friendship Heights is managed by TM Associates Management, Inc.

Image of Friendship Heights
Image of Friendship Heights

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