520 S Main St, North East, MD 21901
Waiting List Forecast: Likely Short or None
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $774 - 934 per Month† | 1 - 2 Beds | 1 - 2 Baths | 607 - 823 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.
Located in downtown North East, Maryland, Victoria Park offers affordable apartments for ages 55+ seeking convenience and a sense of community. The well-designed one and two bedroom floor plans feature modern kitchens, beautiful bay windows, large closets and plush wall-to-wall carpeting. Pets under 35 lbs are welcome and handicap accessible apartments are available.
Victoria Park at North East provides an array of amenities to promote an active lifestyle. Never miss a workout with our onsite fitness center and easily communicate with family and friends in the computer lab. Relax in one of our many common areas including a multi-purpose community room, various lounges and a library. A variety of activities and events are planned each month for our residents' enjoyment. Our elevator-serviced building allows for accessible, one-level living and there is a convenient laundry center on site.
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 Victoria Park at North East 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. Since the property also utilizes a FHA insured private mortgage, the property is subject to Federal physical condition requirements and REAC inspections.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1C (1/1) | 607ft2 | $774† |
| 2E (2/1) | 756ft2 | $884† |
| 2 Bedroom (2/1.5) | 764ft2 | $904† |
| 2 Bedroom (2) (2/2) | 823ft2 | $934† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $39,100 / year | $44,650 / year | $50,250 / year | $55,800 / year |
| 50% AMI for PBRA Units | $39,100 / year | $44,650 / year | $50,250 / year | $55,800 / year |
| 60% AMI for LIHTC Units | $46,920 / year | $53,580 / year | $60,300 / year | $66,960 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Victoria Park at North East have a waiting list?
Victoria Park at North East 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 Victoria Park at North East?
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 Victoria Park at North East?
Victoria Park at North East is managed by BCI Management LLC headquartered in Baltimore , Maryland .
In addition to Victoria Park at North East, how many other affordable housing properties (and units) are there in North East?
In addition to Victoria Park at North East, we list 8 other affordable properties in North East. Learn about these properties here. Our data research shows that there are a total of 449 affordable units in North East.
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Prepare to pay a fee to apply for units that accept Section 8 vouchers.
While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.Rose Carr says:
"Affordable Housing Online is a great resource to finding Section 8 waitlists that are open!"