Victory Oaks

721 Beacon Road, Silver Spring, MD 20901

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2021 by Alli Poe
Rent Beds Baths SqFt
$876 per Month 1 Bed 1 Bath 559 - 718 Sq Ft
check_circle  Senior (62+)
check_circle  Accessible Units
check_circle  Pets Allowed
check_circle  Project-Based Rental Assistance
check_circle  Supportive Housing for the Elderly

Waitlist Forecast

Since this property is a Section 202 property and includes rental assistance, it will tend to have a longer waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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 Oaks is located on the grounds of the beautiful St. Camillus campus and offers affordable senior living in Silver Spring, Maryland. Surrounded by new friends, you'll enjoy many social activities and events planned each month by our onsite management team. Victory Oaks features a number of community amenities to promote an active, healthy lifestyle including a fitness center, computer lab, library, arts and crafts room and an outdoor patio. Enjoy pet-friendly one bedroom apartments complete with a fully-equipped kitchen, an open breakfast bar, beautiful crown molding, individually controlled heat and air conditioning, wall-to-wall carpeting as well as ceramic tile flooring. Handicap accessible apartments are also available.

Ideally located in Montgomery County, Victory Oaks is convenient to the Capital Beltway, I-95 and the great dining, shopping and entertainment the Washington DC Metro area has to offer. Enjoy easy access to public transportation with numerous nearby bus stops and a close location to the Washington Adventist Hospital. Offering the best affordable senior apartments in Silver Spring, Maryland, call us today for more information!

Dave's Thoughts On Victory Oaks

As a modern Section 202 property built after 1990, Victory Oaks only allows seniors aged 62 or older. Older “Legacy” 202 properties (pre-1990) do allow younger persons with disabilities. Modern 202 properties tend to be in better physical condition primarily due to age. Section 202 properties include a rent subsidy, so you will only pay 30% of your income toward rent. To qualify, you will need to earn 50% of the Area Median Income or less. These properties often include a resident services coordinator that arranges services like healthcare management, transportation, and social activities. If you are a senior or have a senior in your household, and need services to maintain independent living, this property may be good for you. Since this property participates in the HUD 202 program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Victory Oaks Amenities

  • Computer Lab
  • Community Room
  • Library
  • Laundry Room
  • Handicapped Accessible
  • Dishwasher
  • Garbage Disposal
  • Cable Ready
  • Breakfast Bar
  • Fully Equipped Kitchen
  • 24 Hour Maintenance
  • Resident Activities
  • Wall-to-Wall Carpeting
  • Individual heating and cooling systems

Units at Victory Oaks

Unit (Bd/Ba) Ft2 Rent
1D (1/1) 559ft2 $876
1B (1/1) 575ft2 $876
1A Accessible (1/1) 594ft2 $876
1A (1/1) 594ft2 $876
1C (1/1) 607ft2 $876
1F (1/1) 669ft2 $876
1E (1/1) 718ft2 $876

Income Qualification for Victory Oaks

*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 7 people 8 people
30% AMI for PBRA Units $31,650 / year $36,200 / year $40,700 / year $45,200 / year $48,850 / year $52,450 / year $56,050 / year $59,700 / year
50% AMI for LIHTC Units $52,750 / year $60,300 / year $67,850 / year $75,350 / year $81,400 / year $87,450 / year $93,450 / year $99,500 / year
50% AMI for PBRA Units $52,750 / year $60,300 / year $67,850 / year $75,350 / year $81,400 / year $87,450 / year $93,450 / year $99,500 / year
80% AMI for PBRA Units $66,750 / year $76,250 / year $85,800 / year $95,300 / year $102,950 / year $110,550 / year $118,200 / year $125,800 / year

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

FAQs for Victory Oaks

Does Victory Oaks have a waiting list?

Victory Oaks probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Victory Oaks?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Victory Oaks?

Victory Oaks is managed by Habitat America LLC headquartered in Annapolis , Maryland.

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

In addition to Victory Oaks, 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.

Listings Near Victory Oaks

Willow Manor at Colesville

601 East Randolph Road , Silver Spring, Maryland 20904

bed 1-2
payment $888-1640/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Victory Forest

10000 Brunswick Ave, Silver Spring, Maryland 20910

bed 1
payment $596-739/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

The Sanctuary a Mount Jezreel

426 University Boulevard East, Silver Spring, Maryland 20901

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

The Barrington Apartments

1970 Rosemary Hills Dr, Silver Spring, Maryland 20910

bed 1-3
payment Subsidized

Snowden's Ridge

2105 Harlequin Terrace, Silver Spring, Maryland 20904

bed 1-3
payment Subsidized

Argent Apartments

1200 Blair Mill Rd, Silver Spring, Maryland 20910

bed Studio-3
switch_access_shortcut Short Wait
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

Email Signup
Don't Miss A Waiting List Opening