305 E Joppa Rd, Towson, MD 21286
Waiting List Forecast: Likely Short or None
Verified for 2023 by Alli Poe| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $957 - 1,238 per Month† | Studio - 1 Bed | 1 Bath | 378 - 464 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.
A stylish 22 story high rise located in Towson, Maryland, Tabco Towers offers panoramic views of Towson, Loch Raven Village and Delaney Valley. Featuring charming studio and one bedroom apartments for senior renters ages 62 and better, your apartment home will come complete with low-maintenance plank flooring, a walk-in closet and a newly appointed kitchen and bathroom.
Tabco Towers offers excellent onsite amenities for added convenience and value. Socialize with neighbors in the onsite community center or relax outside on the patio. Private off-street parking is available and an on-site laundry center is centrally located for easy access. Our professional and courteous onsite management and maintenance teams offer great customer service and 24-hour emergency maintenance. Tabco Towers is also a pet-friendly senior apartment community.
This superior Towson address provides easy access to shopping, local attractions, and public transportation and offers the comforts and conveniences to suit any lifestyle. Call today to learn more about Tabco Towers Senior Housing in Towson, Maryland!
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 Tabco Towers Senior Housing 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. Since the property also utilizes a FHA insured private mortgage, the property is subject to Federal physical condition requirements and REAC inspections. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | 378ft2 | $957 $1,010† |
| One Bedroom (1/1) | 464ft2 | $1,025 $1,238† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $25,550 / year | $29,200 / year | $32,850 / year | $36,500 / year | $39,450 / year | $42,350 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $42,600 / year | $48,700 / year | $54,800 / year | $60,850 / year | $65,750 / year | $70,600 / year | $75,500 / year | $80,350 / year |
| 50% AMI for PBRA Units | $42,600 / year | $48,700 / year | $54,800 / year | $60,850 / year | $65,750 / year | $70,600 / year | $75,500 / year | $80,350 / year |
| 60% AMI for LIHTC Units | $51,120 / year | $58,440 / year | $65,760 / year | $73,020 / year | $78,900 / year | $84,720 / year | $90,600 / year | $96,420 / year |
| 80% AMI for PBRA Units | $66,300 / year | $75,750 / year | $85,200 / year | $94,650 / year | $102,250 / year | $109,800 / year | $117,400 / year | $124,950 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Tabco Towers Senior Housing have a waiting list?
Tabco Towers Senior Housing 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 Tabco Towers Senior Housing?
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 Tabco Towers Senior Housing?
Tabco Towers Senior Housing is managed by Habitat America LLC headquartered in Annapolis , Maryland.
In addition to Tabco Towers Senior Housing, how many other affordable housing properties (and units) are there in Towson?
In addition to Tabco Towers Senior Housing, we list 6 other affordable properties in Towson. Learn about these properties here. Our data research shows that there are a total of 734 affordable units in Towson.
When was the Tabco Towers Senior Housing listing last updated?
Tabco Towers Senior Housing listing on Affordable Housing Online was last updated on 01/01/2023 by Alli Poe. Remember, a property's status can change so you should contact the property to confirm.
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