Residences at Pine Knoll is managed by WinnCompanies.
This lovely, newly renovated townhouse community in Princess Anne, MD on Maryland's beautiful Eastern Shore is certain to meet your needs! Come visit Princess Anne Townhouses where you will find spacious two and three bedroom townhouses featuring central heat and air conditioning, Energy Star appliances, frost-free refrigerator, dishwasher, washer/dryer hookups with heat, hot water and electricity included! You will also enjoy a fitness center, community room, computer center, playground, onsite parking, professional landscaping, professional onsite management staff and 24-hour emergency maintenance. Call the office or stop by for a tour of your new home today!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom Townhouse (2/1) | - | $889 |
Three Bedroom Townhouse (3/1) | - | $996 |
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 Princess Anne but actual income limits may differ for units at Residences at Pine Knoll.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
50% | $29,850 | $34,100 | $38,350 | $42,600 | $46,050 | $49,450 |
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 Princess Anne but actual income limits may differ for units at Residences at Pine Knoll.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $29,850 | $34,100 | $38,350 | $42,600 | $46,050 | $49,450 |
Low Income (60%) | $35,820 | $40,920 | $46,020 | $51,120 | $55,260 | $59,340 |
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.