Rock Creek Terrace

12630 Veirs Mill Rd, Rockville, Maryland 20853

Rock Creek Terrace, located at 12630 Veirs Mill Rd in Rockville, has one, two and three bedroom apartments. Rock Creek Terrace participates in the Low-Income Housing Tax Credit (LIHTC) and Section 8 Project-Based Rental Assistance programs.

Contact Rock Creek Terrace

Message Rock Creek Terrace

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Income Based
2 Bedroom (2/1) - Income Based
3 Bedroom (3/1) - Income Based

Rock Creek Terrace Details

  • 526 one, two and three bedroom units.
  • Project-Based Rental Assistance

Property Amenities

  • Playground
  • Community Room
  • 24hr Emergency Maintenance
  • Laundry Facilities
  • Open Parking

Unit Amenities

  • Utilities Included
  • Hardwood Floors
  • vertical blinds
  • Fully Equipped Kitchen
  • Controlled Heat and Electricity

Nearby Amenities

  • Near Shopping

Office Hours

Day Hours
Monday 8:30am-12:30pm , 1:30pm-5:00pm
Tuesday 8:30am-12:30pm , 1:30pm-5:00pm
Wednesday 8:30am-12:30pm , 1:30pm-5:00pm
Thursday 8:30am-12:30pm , 1:30pm-5:30pm
Friday 8:30am-12:30pm , 1:30pm-5:30pm

About Rock Creek Terrace

Rock Creek Terrace in Rockville, MD offers affordable, quality one, two and three bedroom apartments. In addition to the everyday conveniences in your home like the individually controlled central A/C, ample closet storage space and hardwood parquet flooring, we also include ALL utilities. Now that's value. The Rock Creek Terrace team is committed to it's residents and offers a comprehensive Resident Services Program with educational and after-school enrichment programs, a computer room with resources, two playground areas and large outdoor pool and sundeck for summer-time relaxation. Some Income Restrictions Apply.

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 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

Rockville HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Rockville but actual income limits may differ for units at Rock Creek Terrace.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $25,500 $29,150 $32,800 $36,400 $39,350 $42,250 $45,150 $48,050
50% $42,500 $48,550 $54,600 $60,650 $65,550 $70,400 $75,250 $80,100
80% $54,350 $62,100 $69,850 $77,600 $83,850 $90,050 $96,250 $102,450

Rockville 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 Rockville but actual income limits may differ for units at Rock Creek Terrace.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $42,500 $48,550 $54,600 $60,650 $65,550 $70,400 $75,250 $80,100
Low Income (60%) $51,000 $58,260 $65,520 $72,780 $78,660 $84,480 $90,300 $96,120

These general income qualifications for Rockville, Maryland should only be used as a basic guide. To find out if you qualify, contact the community directly.

Rock Creek Terrace was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since Rock Creek Terrace has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

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.

Rock Creek Terrace is managed by Edgewood Management Corporation.

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Image of Rock Creek Terrace
Image of Rock Creek Terrace

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