Commerce Square Apartments

101 Talon Court, Smyrna, Delaware 19977

Contact Commerce Square Apartments

Commerce Square provides affordable two and three bedroom apartments under the Low Income Housing Tax Credit Program. It is located in Smyrna, Delaware, near Route 13 and Delaware Route 1 which provides easy access to shopping, banking and other conveniences.

Unit (Bd/Ba)	Ft²	Rent
Two bedroom (2/1)	880	Call for Price
Three Bedroom (3/2)	1152	Call for Price

Eligibility for Commerce Square Apartments

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 Smyrna but actual income limits may differ for units at Commerce Square Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$28,600	$32,700	$36,800	$40,850	$44,150	$47,400
Low Income (60%)	$34,320	$39,240	$44,160	$49,020	$52,980	$56,880

Commerce Square Apartments Details

80 two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
24hr Emergency Maintenance
Off-Street Parking

Unit Amenities

Dishwasher
Garbage Disposal
Washer and Dryer Hookup
Cable Ready
Spacious Closets
Window Coverings
Carpet
Private Entrance
Refrigerator

Nearby Amenities

Close to Dining
Close to Public Transportation
Close to Shopping

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.