Cynwyd Club Apartments is managed by Fairville Management Company.
Cynwyd Club Apartments, nestled in suburban Wilmington, DE, conveys charm, tranquility and beautifully landscaped grounds. The attractive landscaping and building design present the perfect community to call home. Renovated in 2001, Cynwyd Club Apartments features all new kitchens, baths, appliances, carpeting and vinyl flooring. The laundry room, pool and landscaping have been completely renovated, making Cynwyd Club Apartments, affordable housing at its best. Centrally located for easy commuting, Cynwyd Club is conveniently located on a DART bus route, minutes from Kirkwood Highway and only 10 minutes from I-95. Community services and convenience stores are all within walking distance.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Income Based |
2 Bedroom (2/1) | - | Income Based |
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 Wilmington but actual income limits may differ for units at Cynwyd Club Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
50% | $39,100 | $44,650 | $50,250 | $55,800 |
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 Wilmington but actual income limits may differ for units at Cynwyd Club Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $39,100 | $44,650 | $50,250 | $55,800 |
Low Income (60%) | $46,920 | $53,580 | $60,300 | $66,960 |
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.