4307 Jefferson St, Hyattsville, MD 20781
Waiting List Forecast: Likely Short or None
Verified for 2024 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 645 - 916 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.
Just steps away from Hyattsville's Route 1 corridor, Renaissance Square's affordable apartments for low income artists feature many exciting amenities. Our tastefully designed one and two bedroom floor plans feature dramatic ceilings and modern, eclectic touches that make your apartment unique, including individually crafted door knockers. Handicap accessible and hearing and visual impaired units are also offered.
Our artist-friendly community features a variety of amenities to bring out your innermost creativity. If dance is your forte, you will enjoy our spacious dance studio with oversized mirrors, free standing ballet barres and resilient flooring. Work on your latest painting in our high ventilation workroom or utilize the 3,000 square feet of shared studio space. Our computer room houses two Macs complete with Adobe Creative Suite and a printer for all of your graphic arts needs. Find inspiration on our two rooftop patios overlooking our green garden roof. Display your completed works of art in our high visibility art gallery. Renaissance Square also features a music practice room, fitness room and a community meeting room.
Ideally located in Prince George's County and just off of Baltimore Avenue, Renaissance Square is convenient to the shopping, entertainment and recreation that the DC Metro area offers. Hop on the nearby bus or metro for easy transportation around Washington DC and beyond. Just down the street you can eat at popular favorites including Busboys and Poets, Chipotle and Elevation Burger. Don't settle for the ordinary apartment home- Renaissance Square is the perfect community that artists love to call home!
Because Renaissance Square participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, 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) | 645ft2 | Rent is Based On Your Income† |
| One Bedroom (2) (1/1) | 645ft2 | Rent is Based On Your Income† |
| Two Bedroom (2/1) | 916ft2 | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $52,750 / year | $60,300 / year | $67,850 / year | $75,350 / year |
| 50% AMI for PBRA Units | $52,750 / year | $60,300 / year | $67,850 / year | $75,350 / year |
| 60% AMI for LIHTC Units | $63,300 / year | $72,360 / year | $81,420 / year | $90,420 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Renaissance Square have a waiting list?
Renaissance Square 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 Renaissance Square?
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.
In addition to Renaissance Square, how many other affordable housing properties (and units) are there in Hyattsville?
In addition to Renaissance Square, we list 55 other affordable properties in Hyattsville. Learn about these properties here. Our data research shows that there are a total of 1178 affordable units in Hyattsville.
When was the Renaissance Square listing last updated?
Renaissance Square listing on Affordable Housing Online was last updated on 06/07/2024 by Joshua Cappell. Remember, a property's status can change so you should contact the property to confirm.
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