Cedar Woods Apartments

700 Cedar Woods Cir, Kennett Square, PA 19348

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
$535 - 725 per Month 1 - 3 Beds 1 - 2 Baths 698 - 1,081 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

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.

Cedar Woods Apartments is a garden style apartment community located in a county setting. We offer 1, 2 and 3 bedroom units with fully handicap accessible first floor units.

Dave's Thoughts On Cedar Woods Apartments

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 Cedar Woods Apartments 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. 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. 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

Cedar Woods Apartments Amenities

  • Tot Lot
  • 24hr Emergency Maintenance
  • Private Entrance

Units at Cedar Woods Apartments

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 698ft2 $535
Two Bedroom (2/2) 899ft2 $635
Three Bedroom (3/2) 1081ft2 $725

Income Qualification for Cedar Woods Apartments

*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
30% AMI for PBRA Units $23,450 / year $26,800 / year $30,150 / year $33,500 / year $36,200 / year $40,280 / year
50% AMI for LIHTC Units $39,100 / year $44,650 / year $50,250 / year $55,800 / year $60,300 / year $64,750 / year
50% AMI for PBRA Units $39,100 / year $44,650 / year $50,250 / year $55,800 / year $60,300 / year $64,750 / year
60% AMI for LIHTC Units $46,920 / year $53,580 / year $60,300 / year $66,960 / year $72,360 / year $77,700 / year
80% AMI for PBRA Units $62,500 / year $71,400 / year $80,350 / year $89,250 / year $96,400 / year $103,550 / year

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

FAQs for Cedar Woods Apartments

Does Cedar Woods Apartments have a waiting list?

Cedar Woods 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 Cedar Woods 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 Cedar Woods Apartments?

Cedar Woods Apartments is managed by Fairville Management Company headquartered in Hockessin , Delaware.

In addition to Cedar Woods Apartments, how many other affordable housing properties (and units) are there in Kennett Square?

In addition to Cedar Woods Apartments, we list 3 other affordable properties in Kennett Square. Learn about these properties here. Our data research shows that there are a total of 211 affordable units in Kennett Square.

Listings Near Cedar Woods Apartments

Red Clay Manor

600 E Cope Rd, Kennett Square, Pennsylvania 19348

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

120 Magnolia St

120 Magnolia St, Kennett Square, Pennsylvania 19348

bed 2
payment $1700/mo.

Delaware Valley Development Company

Cedar Spring Rd - New Garden Township, Kennett Square, Pennsylvania 19348

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

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