Lex Woods Apartments

21284 Lexwood Ct, Lexington Park, Maryland 20653

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Lex Woods Apartments is managed by TM Associates Management, Inc.

Lex Woods is an enjoyable community located near the town of Lexington Park. Close to shopping, restaurants, schools and parks. On-site aundry facility and playground for kids.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/1) - Call for Price

Eligibility for Lex Woods Apartments

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 Lexington Park but actual income limits may differ for units at Lex Woods Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
30% $25,450 $29,050 $32,700 $36,300 $39,250 $42,150
50% $42,350 $48,400 $54,450 $60,500 $65,350 $70,200
80% $66,300 $75,750 $85,200 $94,650 $102,250 $109,800

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 Lexington Park but actual income limits may differ for units at Lex Woods Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $42,350 $48,400 $54,450 $60,500 $65,350 $70,200
Low Income (60%) $50,820 $58,080 $65,340 $72,600 $78,420 $84,240

Lex Woods Apartments Details

  • 78 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 538 Guaranteed Rural Rental Housing
  • Section 521 USDA Rental Assistance

Property Amenities

  • Computer Lab
  • Community Room
  • Laundry Room
  • Energy Star Appliances
  • Energy Efficient Design
  • Community Kitchen

Unit Amenities

  • Air Conditioning
  • Garbage Disposal
  • Cable and Satellite TV
  • Carpet
  • Central Heat & 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.

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 538 Guaranteed Rural Rental Housing

Section 538 is an affordable rural rental housing program for households earning incomes at or below 115% of the area median income.

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.

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