Palmer Square

18 Rockfield Drive, Stamford, Connecticut 06902

Contact Palmer Square

Palmer Square is a recently built, mixed-income community located on the West Side near the Greenwich border. This beautiful family community consists of 76 garden style apartments with one, two and three bedrooms, a mixture of market rate and affordable units. All apartments feature private front and rear entrances. This property features lots of green space with a playground as well as decks and patios.

Eligibility for Palmer Square

Palmer Square Details

9 bedroom units.
Garden
Low-Income Housing Tax Credit (LIHTC)
Public Housing
Section 221 (d) (3)

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.