Lana Lu

40 W. Main Street, Lonaconing, Maryland 21539

Contact Lana Lu

Lana Lu is an affordable apartment community offering 1-bedroom units for senior residents. This community offers many amenities including laundry facilities, social activities, elevator, and both maintenance and management on-site.

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

Eligibility for Lana Lu

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 Lonaconing but actual income limits may differ for units at Lana Lu.

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 Lonaconing but actual income limits may differ for units at Lana Lu.

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

Lana Lu Details

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

Property Amenities

Controlled Access
Elevator
Community Room
On-Site Manager
On-Site Social Services
On-Site Maintenance
Laundry Facilities
Wheel Chair Accessible

Unit Amenities

Ceiling Fan(s)
Garbage Disposal
Walk-in Closet(s)
Window Coverings
Carpet
Keyless Entry Access
Refrigerator
Oven and Range
Linen Closets
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.

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.