10630 Red Run Blvd., Owings Mills, MD 21117
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $915 per Month† | 1 - 3 Beds | 1 - 2 Baths | 648 - 1,192 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 the heart of Owings Mills, MD, Red Run Overlook is a newly constructed Upscale affordable apartment community. Conveniently located near Mills Station Shopping Center, our residents are minutes away from shopping markets and more, coveted school districts, public transportation (including metro), and several employment opportunities. Their residents have access to a full-service business center, game room, fitness center, lending library, outdoor recreational dog park, community garden, and State of the Art community clubhouse. Enjoy these community details - controlled entry door system, 24-hour emergency maintenance and professional on-site management.
Their one, two, and three-bedroom apartments are modernly designed with luxury hardwood flooring throughout, carpeted bedrooms, washer/dryer hookups (washer/dryer rental available), updated kitchen and appliances, and individually controlled heating and AC. They offer free parking, water, sewage, and trash included in your rent. They value their residents and diligently explore ways to bring resources to the community, including quarterly health workshops, holiday celebrations, homework assistance, computer classes, and adult education seminars. Join in resident-led activities like exercise classes and play dates for our younger residents.
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 Red Run Overlook 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 |
|---|---|---|
| One Bedroom (1/1) | 648ft2 | $915† |
| Two Bedroom (2/2) | 927ft2 | Call for Price† |
| Three Bedroom (3/2) | 1192ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $25,550 / year | $29,200 / year | $32,850 / year | $36,500 / year | $39,450 / year | $42,350 / year |
| 50% AMI for LIHTC Units | $42,600 / year | $48,700 / year | $54,800 / year | $60,850 / year | $65,750 / year | $70,600 / year |
| 50% AMI for PBRA Units | $42,600 / year | $48,700 / year | $54,800 / year | $60,850 / year | $65,750 / year | $70,600 / year |
| 60% AMI for LIHTC Units | $51,120 / year | $58,440 / year | $65,760 / year | $73,020 / year | $78,900 / year | $84,720 / year |
| 80% AMI for PBRA Units | $66,300 / year | $75,750 / year | $85,200 / year | $94,650 / year | $102,250 / year | $109,800 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Red Run Overlook have a waiting list?
Red Run Overlook 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 Red Run Overlook?
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 Red Run Overlook?
Red Run Overlook is managed by Enterprise Residential headquartered in Baltimore, MD.
In addition to Red Run Overlook, how many other affordable housing properties (and units) are there in Owings Mills?
In addition to Red Run Overlook, we list 11 other affordable properties in Owings Mills. Learn about these properties here. Our data research shows that there are a total of 1089 affordable units in Owings Mills.
When was the Red Run Overlook listing last updated?
Red Run Overlook listing on Affordable Housing Online was last updated on 04/07/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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