18301 Georgia Avenue , Olney, MD 20832
Waiting List Forecast: Likely Short or None
Verified for 2018 by Brittany Eckley, Alli Poe, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $886 - 1,636 per Month† | 1 - 2 Beds | 1 - 2 Baths | 672 - 1,019 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.
Ideally situated in residential Olney, Maryland, Manor at Fair Hill Farm offers affordable apartment living for seniors ages 62 and over. Our thoughtfully designed one and two bedroom apartments all have a full kitchen with a frost-free refrigerator, electric range with front controls, dishwasher and garbage disposal, plenty of closet space and washer and dryer connections. Accessible apartments are available and your small pets are welcome!
Manor at Fair Hill Farm boasts excellent amenities within the community, including a library and business/computer center, a theater, game and activities rooms, fitness and wellness centers. The elevator-serviced building allows for easy, one-level living and our many common areas both indoors and outdoors provide a comfortable, relaxed setting. Invite your family and friends from afar to visit you where they can stay in our complimentary Hospitality Suite while you retain the privacy you need in your own home.
With an ideal location in Montgomery County, on Route 97, Manor at Fair Hill Farm is close to public transportation for easy access around the Washington DC Metro area and major thoroughfares including the Intercounty Connector. Within one mile of our community you will find the MedStar Montgomery Medical Center, Harris Teeter grocery store, various shops and restaurants. The private shuttle bus makes regularly scheduled trips to local grocery stores and shopping centers for added convenience. Call today to make the most of your retirement years at Manor at Fair Hill Farm!
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 Manor at Fair Hill Farm 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 |
|---|---|---|
| Birch (1/1) | 672ft2 | $886 $1,370† |
| Dogwood (2/1) | 1019ft2 | $1,636† |
| Cypress (2/1) | 876ft2 | $1,636† |
| Chestnut (2/1) | 908ft2 | $1,636† |
| Poplar (2/2) | 961ft2 | $1,636† |
| Oak (2/2) | 993ft2 | $1,636† |
| 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 Manor at Fair Hill Farm have a waiting list?
Manor at Fair Hill Farm 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 Manor at Fair Hill Farm?
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 Manor at Fair Hill Farm?
Manor at Fair Hill Farm is managed by Habitat America LLC headquartered in Annapolis , Maryland.
In addition to Manor at Fair Hill Farm, how many other affordable housing properties (and units) are there in Olney?
In addition to Manor at Fair Hill Farm, we list 5 other affordable properties in Olney. Learn about these properties here. Our data research shows that there are a total of 320 affordable units in Olney.
2100 Olney-Sandy Spring Road, Olney, Maryland 20832
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