Georgetown Apartments I & II
200 Ingramtown Road, Georgetown, Delaware 19947
Contact Georgetown Apartments I & II
Georgetown Apartments I & II is managed by Arbor Management.
Georgetown Apartments provides affordable one, two and three bedroom apartments under the HUD Section 8 and Low Income Housing Tax Credit programs. It is located in Georgetown, Delaware, close to downtown retail and banking facilities and close to major highways.
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom Duplex (1/1) | - | Call for Price |
| Two Bedroom Garden (2/1) | - | Call for Price |
| Three Bedroom Garden (3/2) | - | Call for Price |
Eligibility for Georgetown Apartments I & II
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Georgetown but actual income limits may differ for units at Georgetown Apartments I & II.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
|---|---|---|---|---|---|---|
| 30% | $18,700 | $21,350 | $24,860 | $30,000 | $35,140 | $40,280 |
| 50% | $31,150 | $35,600 | $40,050 | $44,450 | $48,050 | $51,600 |
| 80% | $49,800 | $56,900 | $64,000 | $71,100 | $76,800 | $82,500 |
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 Georgetown but actual income limits may differ for units at Georgetown Apartments I & II.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
|---|---|---|---|---|---|---|
| Very Low Income (50%) | $31,150 | $35,600 | $40,050 | $44,450 | $48,050 | $51,600 |
| Low Income (60%) | $37,380 | $42,720 | $48,060 | $53,340 | $57,660 | $61,920 |
Georgetown Apartments I & II Details
- 76 one, two and three bedroom units.
- Section 8 Project-Based Rental Assistance (PBRA)
- Low-Income Housing Tax Credit (LIHTC)
Property Amenities
- Playground
- Laundry Room
- Off-Street Parking
Unit Amenities
- Washer and Dryer Hookup
- Window Coverings
- Carpet
- Yard
- Patio Deck Or Balcony
- Private Entrance
- Refrigerator
Nearby Amenities
- Close to Business District
- Close to Shopping
Section 8 Project-Based Rental Assistance (PBRA)
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
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.
Nearby Low Income Apartment Communities like Georgetown Apartments I & II
Dunbarton Apartments
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