Parkview Manor

5042 38th St, Hyattsville, Maryland 20782

Parkview Manor is an affordable apartment living option located near the West Hyattsville Metro, shopping centers and public transportation. Residents have easy access to the Rt.1 corridor, which places both DC and College Park within easy reach.

Each one and two bedroom apartment offer generous living and closet/storage space. The kitchen has energy efficient appliances and the apartment is complemented by beautiful hardwood floors and centrally controlled heating and air conditioning.

The building is smoke free, and residents have access to a conveniently located laundry facility and off street parking.

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Parkview Manor Details

  • 53 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • FHA Mortgage Insurance/subsidy
  • Section 811 PRA

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 811 PRA

Some of the units at this property have received funding through HUD's Section 811 Project Rental Assistance (PRA) Program. For these PRA funded units, tenants must be extremely low-income (at or below 30% of Area Median Income) and at least one adult member of the household must have a disability. The person with the disability must be eligible for community-based, long-term services as provided under the state’s plan for medical assistance under Title XIX of the Social Security Act (Medicaid), state funded services or other appropriate services defined in the written partnership agreement.

Hyattsville 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 Hyattsville but actual income limits may differ for units at Parkview Manor.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $49,850 $56,950 $64,050 $71,150 $76,850 $82,550 $88,250 $93,950
Low Income (60%) $59,820 $68,340 $76,860 $85,380 $92,220 $99,060 $105,900 $112,740

Parkview Manor is managed by Residential One.

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