Greenside Manor

504 Cypress Drive, Seaford, Delaware 19973

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Greenside Manor is managed by TM Associates Management, Inc.

Newly renovated community located near restaurants, shopping and schools. Easy access to Rt. 13. The property underwent a comprehensive renovation in 2012 providing for brand new floor plans, a community building, playground and other site amenities. This community offers 1- and 2-bedroom units and is smoke free.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 657 Call for Price
Two Bedroom (2/1) 985 Call for Price

Eligibility for Greenside Manor

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 Seaford but actual income limits may differ for units at Greenside Manor.

AMI Band 1 Person 2 Person 3 Person 4 Person
30% $18,700 $21,350 $24,860 $30,000
50% $31,150 $35,600 $40,050 $44,450
80% $49,800 $56,900 $64,000 $71,100

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 Seaford but actual income limits may differ for units at Greenside Manor.

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

Greenside Manor Details

  • 40 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 521 USDA Rental Assistance
  • Section 538 Guaranteed Rural Rental Housing
  • State or Local Program

Property Amenities

  • Playground
  • BBQ and Picnic Area
  • Computer Lab
  • Business Center
  • Clubhouse
  • Laundry Room
  • Gazebo

Unit Amenities

  • Air Conditioning
  • Cable and Satellite TV
  • Window Coverings
  • Carpet
  • Security System
  • Storage

Nearby Amenities

  • Close to Dining
  • Close to Public Transportation
  • Close to Shopping
  • Near Library
  • Near Schools
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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Section 538 Guaranteed Rural Rental Housing

Section 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.

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