The Villas II at Delmar Crossing is managed by Arbor Management.
The Villas II at Delmar Crossing offers those persons who are at least 62 years of age affordable one and two bedroom apartments under the Low Income Housing Tax Credit Program. We are located in Delmar, Delaware near Route 13, just a few miles north of Salisbury, Maryland, where many conveniences are available.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Cottage Style Apartment (1/1) | - | Call for Price |
Cottage Style Apartment (1/1) | - | Call for Price |
Cottage Style Apartment (1/1) | 704 | Call for Price |
Cottage Style Apartment (2/1) | - | Call for Price |
Cottage Style Apartment (2/1) | - | Call for Price |
Cottage Style Apartment (2/1) | 950 | Call for Price |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Delmar but actual income limits may differ for units at The Villas II at Delmar Crossing.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $31,150 | $35,600 | $40,050 | $44,450 |
Low Income (60%) | $37,380 | $42,720 | $48,060 | $53,340 |
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.