Park Montgomery

8860 Piney Branch Rd , Silver Spring, MD 20903

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths 736 - 1,062 Sq Ft

Waitlist Forecast

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.

Park Montgomery Apartment is a high-rise building conveniently located in the desirable city of Silver Spring, Montgomery County, Maryland. Choose from 1, 2, or 3-bedroom apartment floor plans that offer a full appliance package, wood floors, and individually controlled heat and air conditioning. Community amenities include an onsite laundry facility, swimming pool, playground, and a free after-school program.

Dave's Thoughts On Park Montgomery

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 Park Montgomery 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Park Montgomery Amenities

  • Controlled Access
  • Playground
  • 24hr Emergency Maintenance
  • Microwave
  • Cable Ready
  • Refrigerator
  • Oven and Range
  • Accessible Apartments
  • Laundry Facility
  • Community Center
  • Community Kitchen

Units at Park Montgomery

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 736ft2 Call for Price
Two Bedroom (2/1) 832ft2 Call for Price
Three Bedroom (3/2) 1062ft2 Call for Price

Income Qualification for Park Montgomery

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
50% AMI for LIHTC Units $52,750 / year $60,300 / year $67,850 / year $75,350 / year $81,400 / year $87,450 / year
50% AMI for PBRA Units $52,750 / year $60,300 / year $67,850 / year $75,350 / year $81,400 / year $87,450 / year
60% AMI for LIHTC Units $63,300 / year $72,360 / year $81,420 / year $90,420 / year $97,680 / year $104,940 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Park Montgomery

Does Park Montgomery have a waiting list?

Park Montgomery 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 Park Montgomery?

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 Park Montgomery?

Park Montgomery is managed by Enterprise Residential headquartered in Baltimore, MD.

In addition to Park Montgomery, how many other affordable housing properties (and units) are there in Silver Spring?

In addition to Park Montgomery, we list 66 other affordable properties in Silver Spring. Learn about these properties here. Our data research shows that there are a total of 6798 affordable units in Silver Spring.

When was the Park Montgomery listing last updated?

Park Montgomery listing on Affordable Housing Online was last updated on 04/04/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Park Montgomery

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601 East Randolph Road , Silver Spring, Maryland 20904

Victory Oaks

721 Beacon Road, Silver Spring, Maryland 20901

Victory Forest

10000 Brunswick Ave, Silver Spring, Maryland 20910

Argent Apartments

1200 Blair Mill Rd, Silver Spring, Maryland 20910

The Sanctuary a Mount Jezreel

426 University Boulevard East, Silver Spring, Maryland 20901

The Barrington Apartments

1970 Rosemary Hills Dr, Silver Spring, Maryland 20910

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.