New Horizons

503 Muir Street, Cambridge, Maryland 21613

Contact New Horizons

New Horizons is an senior affordable apartment community located in Cambridge, Maryland that offers 1-bedroom apartments. The community boasts a walkscore of 82 and considered very walkable. In less than a mile walk you can find delicious eats at Canvasback Restaurant and Irish Pub, a morning brew from Black Water Bakery, groceries from Simmons Center Market and the lush green surrounds of American Legion Park.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	600	Call for Price

Eligibility for New Horizons

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 Cambridge but actual income limits may differ for units at New Horizons.

AMI Band	1 Person	2 Person
30%	$17,900	$20,450
50%	$29,850	$34,100
80%	$47,750	$54,550

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 Cambridge but actual income limits may differ for units at New Horizons.

AMI Band	1 Person	2 Person
Very Low Income (50%)	$29,850	$34,100
Low Income (60%)	$35,820	$40,920

New Horizons Details

32 one bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Elevator
On-Site Recycling
Bicycle Storage
Community Media Center
Laundry Facilities
Wheel Chair Accessible

Unit Amenities

Air Conditioning
Cable Ready
Carpet
Hardwood Floors
Refrigerator
Energy Efficient Appliances
Large Closets

Office Hours

Day	Hours
Monday	8:00am-4:30pm
Wednesday	8:00am-4:30pm
Friday	8:00am-4:30pm

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.