Middletown Trace Apartments

67 New Street, Middletown, Delaware 19709

Contact Middletown Trace Apartments

Middletown Trace provides affordable one, two and three bedroom apartments under the HUD Section 8 Program. It is located on New St., one block from Rt. 299 and just west of Route 1 in the growing Middletown area. Our property provides easy access to shopping, banking and other conveniences. Waiting list is currently closed. Will be open 2008.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	540	Call for Price
Two Bedroom Townhouse (2/1)	1080	Call for Price
Three Bedroom Townhouse (3/2)	1100	Call for Price

Eligibility for Middletown Trace Apartments

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 Middletown but actual income limits may differ for units at Middletown Trace Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$23,450	$26,800	$30,150	$33,500	$36,200	$40,280
50%	$39,100	$44,650	$50,250	$55,800	$60,300	$64,750
80%	$62,500	$71,400	$80,350	$89,250	$96,400	$103,550

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 Middletown but actual income limits may differ for units at Middletown Trace Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$39,100	$44,650	$50,250	$55,800	$60,300	$64,750
Low Income (60%)	$46,920	$53,580	$60,300	$66,960	$72,360	$77,700

Middletown Trace Apartments Details

8 one, two and three bedroom units.
Townhouse
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
Laundry Room
Off-Street Parking

Unit Amenities

Dishwasher
Garbage Disposal
Washer and Dryer Hookup
Carpet
Private Entrance

Nearby Amenities

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.