Parkside Village is managed by R Home Property Management, LLC.
Parkside Village in Cambridge, Dorchester County, offers affordable one and two bedroom apartments and four bedroom town homes. Enjoy the busy community center with computers and Internet access and become part of a community you will be glad to call “homeâ€!
* Income limits apply. Rental assistance available to qualified applicants.
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 Parkside Village.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $17,900 | $20,450 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $29,850 | $34,100 | $38,350 | $42,600 | $46,050 | $49,450 | $52,850 | $56,250 |
80% | $47,750 | $54,550 | $61,350 | $68,150 | $73,650 | $79,100 | $84,550 | $90,000 |
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 Parkside Village.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $29,850 | $34,100 | $38,350 | $42,600 | $46,050 | $49,450 | $52,850 | $56,250 |
Low Income (60%) | $35,820 | $40,920 | $46,020 | $51,120 | $55,260 | $59,340 | $63,420 | $67,500 |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
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.