Lincoln Towers

1800 N DuPont St, Wilmington, Delaware 19806

Contact Lincoln Towers

Relax in this new beautiful building where management takes a personal interest in your comfort, satisfaction and tranquility. Seniors 62 and older please. Conveniently located adjacent to Trolley Square, the newly reconstructed Lincoln Towers offers eighty-eight one and two bedroom apartment homes for seniors 62 and older. Residents enjoy convenient on-site underground parking and many community-shared facilities including on-site professional management. Within walking distance are restaurants, shops, public transportation and Brandywine Park, where one can enjoy hiking, biking, picnicking or a stroll through formal gardens. The park is also home to the Baynard Stadium and the Brandywine Zoo. Lincoln Towers is part of the vibrant new Wilmington neighborhood known as Forty Acres, named for the fertile farmlands that comprised the original area. This thriving historic area defines “neighborhood” as a place offering strength, value and friendship. Find this and more at Lincoln Towers, where the past melds seamlessly into the future.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	746	Call for Price
2 Bedroom (2/2)	1077	Call for Price

Eligibility for Lincoln Towers

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 Lincoln Towers.

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 Lincoln Towers.

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

Lincoln Towers Details

65 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program
Public Housing
Section 8 Project-Based Voucher (PBV)

Property Amenities

Controlled Access
Elevator
Community Room
24hr Emergency Maintenance
Underground Parking
Garage and Surface Parking
Personal 24-hour emergency call system
Laundry Facility

Unit Amenities

Handicapped Accessible
Microwave
Window Coverings
Refrigerator
Extra Storage
Water Trash and Sewer Included
Spacious floor plans
Full-Size Washer & Dryer Connections
Energy Efficient Appliances
Heat and Air

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.