School House

3 Olde School House Drive, Port Deposit, Maryland 21904

Contact School House

Schoolhouse Apartments is a nice family community located in historical Port Deposit, MD. Schoolhouse Apartments offer 2- and 3-bedroom townhouse units. The units have large eat-in kitchens with appliances included, wall-to-wall carpeting, and plenty of cabinet and closet space. The community is located within two miles of local post office, police department, riverfront dining, and public library. There is an on-site laundry facilities and playground.

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

Eligibility for School House

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 Port Deposit but actual income limits may differ for units at School House.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$23,450	$26,800	$30,150	$33,500	$36,200	$40,280
50%	$39,100	$44,650	$50,250	$55,800	$60,300	$64,750
80%	$62,500	$71,400	$80,350	$89,250	$96,400	$103,550

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 Port Deposit but actual income limits may differ for units at School House.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$39,100	$44,650	$50,250	$55,800	$60,300	$64,750
Low Income (60%)	$46,920	$53,580	$60,300	$66,960	$72,360	$77,700

School House Details

62 two and three bedroom units.
Townhouse
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	9:00am-5:00pm
Thursday	9:00am-5:00pm
Friday	9:00am-5:00pm

Section 8 Project-Based Rental Assistance (PBRA)

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.

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.