Manor at Colesville, located at 601 East Randolph Road in Silver Spring, has one and two bedroom low rise style apartments. Manor at Colesville participates in the Low-Income Housing Tax Credit (LIHTC) program.
|1 Bedroom (1/1)||614||From $833 To $1,213|
|2 Bedroom, 1 Bath (2/1)||877||$1,472|
|2 Bedroom, 2 Bath (2/2)||928||$1,472|
Conveniently located in Silver Spring, Maryland, Manor at Colesville offers affordable senior apartments for ages 62 and better. Our spacious one and two bedroom floor plans provide you with all of the comforts of home without the upkeep including a fully-equipped kitchen, open layout, ample closet space and large bathrooms. Small pets are welcome at our community and accessible apartments are available.
Manor at Colesville provides many convenient in-house services to make life easier for our residents including business services, vacation pet feeding, plant watering, household loaner items, restaurant information and reservations, and a complimentary hospitality suite for visiting guests. Enjoy an array of amenities to help you live an active lifestyle in your retirement years with monthly social activities, an onsite fitness center, billiards room and computer lab to name a few. A smoke-free senior living community, you can enjoy the fresh outdoors every time you step outside.
Enjoy a great location in Montgomery County close to the shopping, entertainment, restaurants, and medical services of bustling Silver Spring. Convenient to public transportation and major thoroughfares including the Intercounty Connector, Route 29 and the Capital Beltway, you have easy access to the Washington DC Metro area and beyond. Plus our private shuttle bus makes regularly scheduled trips to local grocery stores and shopping centers. Call us today for affordable retirement living offering convenience and accessibility!
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.
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 Silver Spring but actual income limits may differ for units at Manor at Colesville.
|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|
Manor at Colesville 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.
Manor at Colesville is managed by Habitat America LLC.