1090 Milestone Dr, Silver Spring, MD 20904
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $863 - 1,057 per Month† | 1 - 2 Beds | 1 Bath | 703 - 903 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.
Victory Crossing Senior Apartments offers one- and two-bedroom apartments, each featuring a fully-equipped kitchen, a digital control thermostat, many LEED certified amenities and a stackable washer and dryer. The living room and bedrooms feature plank flooring. Handicap accessible apartments are also available.
A variety of luxurious amenities are offered directly onsite including a community room with a fireplace, theater room with a large screen TV and fitness and wellness rooms. In addition, residents can enjoy arts and crafts and a game room with a billiard table!
Because Victory Crossing Senior Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 703ft2 | $863 $1,057† |
| Two Bedroom (2/1) | 903ft2 | $1,020† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $31,650 / year | $36,200 / year | $40,700 / year | $45,200 / year |
| 50% AMI for LIHTC Units | $52,750 / year | $60,300 / year | $67,850 / year | $75,350 / year |
| 50% AMI for PBRA Units | $52,750 / year | $60,300 / year | $67,850 / year | $75,350 / year |
| 60% AMI for LIHTC Units | $63,300 / year | $72,360 / year | $81,420 / year | $90,420 / year |
| 80% AMI for PBRA Units | $66,750 / year | $76,250 / year | $85,800 / year | $95,300 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Victory Crossing Senior Apartments have a waiting list?
Victory Crossing Senior Apartments 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 Victory Crossing Senior Apartments?
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 Victory Crossing Senior Apartments?
Victory Crossing Senior Apartments is managed by Habitat America LLC headquartered in Annapolis , Maryland.
In addition to Victory Crossing Senior Apartments, how many other affordable housing properties (and units) are there in Silver Spring?
In addition to Victory Crossing Senior Apartments, 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 Victory Crossing Senior Apartments listing last updated?
Victory Crossing Senior Apartments listing on Affordable Housing Online was last updated on 01/01/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
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