Marwood Senior Apartments is managed by Conifer Realty, LLC.
Marwood Senior Apartments is stylish apartment complex for the independent active adult 62 and older. This picturesque four story building of 155 charming apartments located on the outskirts of Washington, DC is situated in the serene pastoral setting of Upper Marlboro, Maryland. For the active adult, Marwood Senior Aaprtments is ideal for carefree scenic living while centrally accessible to Washington, D.C., Virginia, Annapolis and Baltimore for social activity and entertainment.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 790 | Call for Price |
Two Bedroom (2/2) | 980 | Call for Price |
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 Upper Marlboro but actual income limits may differ for units at Marwood Senior Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $52,750 | $60,300 | $67,850 | $75,350 |
Low Income (60%) | $63,300 | $72,360 | $81,420 | $90,420 |
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.