Albemarle Square II - Tc is managed by Edgewood Management Corporation.
Our affordable yet expansive one, two and three bedroom apartments and townhomes are designed for your comfort. Carefully selected amenities, such as a full-size washer and dryer and dishwasher, put you in the center of comfort and convenience. Albemarle Square Apartments is located in the heart of downtown Baltimore, offering a selection of entertainment, shopping and dining venues right at your fingertips. Your new home is waiting for you at Albemarle Square Apartments.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Income Based |
2 Bedroom (2/1) | - | Income Based |
3 Bedroom (3/1) | - | Income Based |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Baltimore but actual income limits may differ for units at Albemarle Square II - Tc.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $42,600 | $48,700 | $54,800 | $60,850 | $65,750 | $70,600 |
Low Income (60%) | $51,120 | $58,440 | $65,760 | $73,020 | $78,900 | $84,720 |
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.