670 Fitzwater Street, Salisbury, MD 21801
Waiting List Forecast: Likely Short or None
Verified for 2020 by Ric Gresia, Alli Poe| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $371 - 994 per Month† | 1 - 3 Beds | 1 - 2 Baths | 705 - 1,168 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 located on the Wicomico River is Salisbury, Maryland's premier affordable apartment community designed with artists in mind. Rivers Edge Apartments and Studio for the Arts offers one, two and three bedroom apartments complete with an open-concept, fully-equipped kitchen with an island, washer and dryer connections, high efficiency HVAC and spacious closets. Select apartments include a Juliet balcony or full patio or balcony and loft-style homes are also offered for the perfect live work space. Rivers Edge Apartments and Studio for the Arts offers pet-friendly apartment living in a smoke-free environment.
Our artist-friendly apartment community features an array of amenities to provide you with the space you need to turn your ideas into reality, whether painting, sculpting or acting is your specialty. Begin your newest creation in our 2500 square foot working art studio or if you prefer, utilize our waterfront open space to let your creative ideas flow with limitlessly. Your completed works of art can be displayed in our art gallery, where we will hold community-wide galas and events. Our theatre room with a stage is perfect for those involved in the performing arts. There is also a community garden and a waterfront patio that connects to the Salisbury Riverwalk. Let your name and work be known in the community by Participating in 3rd Fridays in downtown Salisbury where can set up your own table at the monthly art and entertainment event that fills the streets with artisan crafts and original design.
In addition to the artist-friendly features, Rivers Edge is conveniently located close to shopping, dining and quick access to the many beaches of the Eastern Shore. Just down the street you can meet up with friends and enjoy live, local music at the popular Brew River or shop til you drop at the newly renovated Centre at Salisbury shopping mall. Attend classes at the nearby Salisbury University or Wor-Wic Community College. With a number of unique amenities and a beautiful location, Rivers Edge will make the perfect new home for you. Call us today to receive more information!
Awards:
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 Rivers Edge Apartments & Studio for the Arts 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Vincent Van Gogh (1/1) | 705ft2 | $371 $762† |
| Andy Warhol (1/1) | 855ft2 | $659 $772† |
| Claude Monet (2/2) | 994ft2 | $433 $832† |
| Leonardo Da Vinci (3/2) | 1168ft2 | $695 $994† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,850 / year | $34,100 / year | $38,350 / year | $42,600 / year | $46,050 / year | $49,450 / year |
| 50% AMI for PBRA Units | $29,850 / year | $34,100 / year | $38,350 / year | $42,600 / year | $46,050 / year | $49,450 / year |
| 60% AMI for LIHTC Units | $35,820 / year | $40,920 / year | $46,020 / year | $51,120 / year | $55,260 / year | $59,340 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Rivers Edge Apartments & Studio for the Arts have a waiting list?
Rivers Edge Apartments & Studio for the Arts 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 Rivers Edge Apartments & Studio for the Arts?
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 Rivers Edge Apartments & Studio for the Arts?
Rivers Edge Apartments & Studio for the Arts is managed by Habitat America LLC headquartered in Annapolis , Maryland.
In addition to Rivers Edge Apartments & Studio for the Arts, how many other affordable housing properties (and units) are there in Salisbury?
In addition to Rivers Edge Apartments & Studio for the Arts, we list 28 other affordable properties in Salisbury. Learn about these properties here. Our data research shows that there are a total of 1932 affordable units in Salisbury.
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