Concord Apartments

152 Mill Creek Rd, Perryville, Maryland 21903

Concord Apartments, located at 152 Mill Creek Rd in Perryville, has one and two bedroom apartments. Concord Apartments participates in the Low-Income Housing Tax Credit (LIHTC) and Section 538 Guaranteed Rural Rental Housing programs.

Contact Concord Apartments

Message Concord Apartments

1 Bedroom Waiting List is Open Now

We are currently on a 1-2 month waitlist for a one bedroom and we are processing applications as they come in the door for a two bedroom.

Last updated on September 24th, 2018

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - $628
2 Bedroom (2/1) - $703

Concord Apartments Details

  • 118 one and two bedroom units.
  • $15 application fee
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Playground
  • Laundry Room
  • 24hr Emergency Maintenance

Unit Amenities

  • Air Conditioning
  • All Appliances included
  • Dishwasher
  • Garbage Disposal
  • Cable/Satellite TV
  • Walk-in Closet(s)
  • Window Coverings
  • Carpet
  • Patio, Deck Or Balcony
  • Private Entrance
  • Scenic View

Nearby Amenities

  • Close to Dining
  • Close to Downtown District
  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital
  • Near Library
  • Near Park
  • Near Schools

About Concord Apartments

Close to Shopping, public schools, transportation system and hospital.

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.

Section 538 Guaranteed Rural Rental Housing

Section 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.

Perryville 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 Perryville but actual income limits may differ for units at Concord Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $31,550 $36,050 $40,550 $45,050 $48,700 $52,300 $55,900 $59,500
Low Income (60%) $37,860 $43,260 $48,660 $54,060 $58,440 $62,760 $67,080 $71,400

Concord Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Concord Apartments is managed by Case Edwards Management Co..

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