Cheltenham Village is managed by Fairville Management Company.
Coming off of a thorough renovation completed in 2011, Cheltenham Village brings a fresh, modern feel to a long-established community conveniently located in suburban Newark, DE, just off Rte. 7. The property currently offers a wide range of amenities at an affordable price. Paired with attractive landscaping and building design, Cheltenham Village is the perfect community to call home.
Cheltenham Village prides itself on the support offered to its residents. We have a flourishing community center with computers, internet service, and more. Our property managers can provide you with information on local medical, financial, nutritional, and emotional assistance programs. Cheltenham Village is just minutes from I-95, Rte 7, Rte 40 and Rte 1, conveniently located on a DART Bus route and within minutes of local shopping, schools, child care and medical facilities. We look forward to the chance to show you why Cheltenham Village is a thriving community bursting with opportunity.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Income Based |
2 Bedroom (2/1) | - | Income Based |
3 Bedroom (3/1) | - | Income Based |
4 Bedroom (4/1) | - | Income Based |
Last updated on December 18th, 2018
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 Newark but actual income limits may differ for units at Cheltenham Village.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $39,100 | $44,650 | $50,250 | $55,800 | $60,300 | $64,750 | $69,200 | $73,700 |
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.