Ashburn Chase Apartments is managed by TM Associates Management, Inc.
Ashburn Chase is a Luxury Affordable Tax Credit Apartment Community. This community offers 1-, 2-, and 3-bedroom apartment homes and serves as an affordable option for prospective residents whose income falls between 60% of the Average Median Income. Student, minimum and maximum income restrictions apply and are dependent upon household size.
This community caters to residents who make between 60% of the Area Median Income (AMI) and does require income verification.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 606 | From $1,695 |
Two Bedroom (2/2) | 871 | From $2,035 |
Three Bedroom (3/2) | 993 | From $2,351 |
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 Ashburn but actual income limits may differ for units at Ashburn Chase Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $52,750 | $60,300 | $67,850 | $75,350 | $81,400 | $87,450 |
Low Income (60%) | $63,300 | $72,360 | $81,420 | $90,420 | $97,680 | $104,940 |
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 |
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.