7466 Furnace Branch Road , Glen Burnie, MD 21060
Waiting List Forecast: Likely Short or None
Verified for 2017 by Connor Bailey, Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 649 - 914 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
They are the best-kept secret in affordable housing in Glen Burnie, MD, with a proven track record of satisfied residents. Park View at Furnace Branch offers beautiful wooded views, and a walking path surrounds the community.
Park View at Furnace Branch offers a vibrant community in a prime location off Route 10, near shopping, banks, restaurant, pharmacies, and medical facilities. They offer one and two-bedroom apartments for independent Seniors that are 62 years and better.
Enjoy a carefree lifestyle with our 24-hour emergency maintenance, and 24-hr monitored pull cords offered in each apartment at no additional charge. The water, sewer, and trash are included in your rent, simplifying your life.
They offer convenience at your doorstep with our Fitness Center, Hair Salon, Computer Room, Laundry Room, Community Room, Library, Semi-Monthly bus trips, and a calendar of events to keep you busy and active! They hope you and your pets feel welcome in our cozy, beautiful smoke-free environment.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Park View at Furnace Branch does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 649ft2 | Call for Price† |
| Two Bedroom (2/1) | 914ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $42,600 / year | $48,700 / year | $54,800 / year | $60,850 / year |
| 50% AMI for PBRA Units | $42,600 / year | $48,700 / year | $54,800 / year | $60,850 / year |
| 60% AMI for LIHTC Units | $51,120 / year | $58,440 / year | $65,760 / year | $73,020 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Park View at Furnace Branch have a waiting list?
Park View at Furnace Branch probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Park View at Furnace Branch?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Park View at Furnace Branch?
Park View at Furnace Branch is managed by Enterprise Residential headquartered in Baltimore, MD.
In addition to Park View at Furnace Branch, how many other affordable housing properties (and units) are there in Glen Burnie?
In addition to Park View at Furnace Branch, we list 31 other affordable properties in Glen Burnie. Learn about these properties here. Our data research shows that there are a total of 1919 affordable units in Glen Burnie.
7975 Crain Hwy, Glen Burnie, Maryland 21061
403 W Ordnance Rd, Glen Burnie, Maryland 21061
7807 Winborne Dr , Glen Burnie, Maryland 21060
6652 Shelly Road, Glen Burnie, Maryland 21061
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