Affordable Housing In Thurmont
Frederick County, Maryland

2 Low Income Apartment Communities In Thurmont

Moser Manor

1 West Mosher Road
Thurmont, MD
Subsidized

Miller Manor

33 Frederick Rd
Thurmont, MD
HCV Welcome
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Housing Authorities that serve Thurmont

Housing Authority Programs
Maryland Department of Housing and Community Development Section 8 Housing Choice Voucher (HCV); Family Self-sufficiency; Homeownership; Section 8 HCV Money Follows the Person (MFP)

Guide To Affordable Housing in Thurmont, Maryland

There are 2 low income housing apartment communities offering 60 affordable apartments for rent in Thurmont, Maryland. Thurmont features 54 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 6 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Thurmont.

Sourced from federal housing data and AffordableHousingOnline.com research.

Thurmont, MD Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 60
Total Housing Units with Rental Assistance 54
Percentage of Housing Units Occupied By Renters 28.34%
Average Renter Household Size 2.20
Average Household Size 2.45
Median Household Income $68,043 ±$7,434
Median Rent $895 ±$40
Percentage Of Renters Overburdened 55.62% ± 20.1pp
Total Population 6,392

Population and Household Demographics

Thurmont is a City in Frederick County, Maryland with a population of 6,392. There are 2,608 households in the city with an average household size of 2.45 persons. 28.34% of households in Thurmont are renters.

Income and Rent Overburden in Thurmont

The median gross income for households in Thurmont is $68,043 a year, or $5,670 a month. The median rent for the city is $895 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Thurmont, a household making less than $2,983 a month would be considered overburdened when renting an apartment at or above the median rent. 55.62% of households who rent are overburdened in Thurmont.1

Area Median Income In Thurmont

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Thurmont, the AMI is calculated from all households within Frederick County.

In Thurmont, HUD calculates the Area Median Income for a family of four as $121,300

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Thurmont

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Thurmont HUD Rental Assistance in Thurmont

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $25,500 $29,150 $32,800 $36,400 $39,350 $42,250 $45,150 $48,050
50% of Median $42,500 $48,550 $54,600 $60,650 $65,550 $70,400 $75,250 $80,100
80% of Median $54,350 $62,100 $69,850 $77,600 $83,850 $90,050 $96,250 $102,450
Low Income Housing Tax Credits in Thurmont

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1990 to 1991, 2 low income apartment communities containing 32 rental apartments have been constructed and made affordable to low income persons in Thurmont by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Thurmont

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $42,500 $48,550 $54,600 $60,650 $65,550 $70,400 $75,250 $80,100
60% of Median $51,000 $58,260 $65,520 $72,780 $78,660 $84,480 $90,300 $96,120

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Thurmont is $65,520 a year, or $5,460 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $5,460 by 30% to get a maximum rent of $1,638 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $1,063 $1,138 $1,365 $1,578 $1,760 $1,942
60% $1,275 $1,366 $1,638 $1,893 $2,112 $2,330
Fair Market Rents in Thurmont

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$1,457 $1,500 $1,707 $2,215 $2,707