Selborne House of Laurel
501 Main Street , Laurel, Maryland 20707
Uniquely situated on Historic Main Street in Laurel, Selborne House offers superb, care free living for seniors with qualifying income who choose the excitement of an independent lifestyle. Just steps from the Patuxent River, our luxurious one bedroom and efficiency apartment homes offer the finest features in senior living. Our community is proud to offer a diverse selection of activities for our resident's enjoyment, as well as a varied selection of floor plans to fit their lifestyles.
Units
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Efficiency (Studio/1) | - | $715 |
| One Bedroom (1/1) | - | $945 |
Selborne House of Laurel Details
- 126 studio and one bedroom units.
- Low-Income Housing Tax Credit (LIHTC)
- HOME Investment Partnerships Program
Property Amenities
- Fitness Center
- Laundry Room
- 24hr Emergency Maintenance
Unit Amenities
- Air Conditioning
- Window Coverings
- Carpet
- Refrigerator
- Extra Storage
Nearby Amenities
- Close to Shopping
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.
HOME Investment Partnerships Program
This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.
Laurel 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 Laurel but actual income limits may differ for units at Selborne House of Laurel.
| 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 |
Selborne House of Laurel is managed by Armiger Management Corporation.
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