Franklin Village Apartments

4A Laraway Court, Derry, New Hampshire 03038

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Franklin Village Apartments is managed by Housing Management Resources.

Come experience the tranquil country setting at Franklin Village. Conveniently located within minutes to shopping, restaurants, gyms, and a movie theater. Nestled back on a private wooded road. Some of the luxuries you will enjoy: on-site management, 24-hour emergency maintenance, basketball court, playground, laundry facilities in each building and six spacious floor plans to choose from.

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) 364 $725
One Bedroom (1/1) 567 $925
Two Bedroom (2/1) 878 $1,125

Eligibility for Franklin Village Apartments

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 Derry but actual income limits may differ for units at Franklin Village Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $42,700 $48,800 $54,900 $60,950
Low Income (60%) $51,240 $58,560 $65,880 $73,140

Franklin Village Apartments Details

  • 132 studio, one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 221 (d) (3)

Property Amenities

  • Playground
  • Basketball Court
  • Laundry Room
  • 24hr Emergency Maintenance
  • Off-Street Parking
  • Custom Accent Wall Program
  • Laundry Facilities
  • Shuttle Bus
  • 24 Hour Maintenance

Unit Amenities

  • Air Conditioning
  • Ceiling Fan(s)
  • Garbage Disposal
  • Utilities Included
  • Window Coverings
  • Carpet
  • Hardwood Floors
  • Refrigerator
  • Fully Equipped Kitchen

Nearby Amenities

  • Close to Business District
  • Close to Dining
  • Near Hospital
  • Near Schools

Office Hours

Day Hours
Monday 9:00am-5:30pm
Tuesday 9:00am-5:30pm
Wednesday 9:00am-5:30pm
Thursday 9:00am-5:30pm
Friday 9:00am-5:30pm
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.

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