Chestertown Cove

About This Building

Affordable Housing Option in Chestertown Cove, MD Overview: Chestertown Cove is a low-income housing tax credit apartment located in Chestertown, MD. It offers rental apartments that are supported by the LIHTC program, which includes rent and income restrictions to provide affordable housing for low-income individuals. Incentives for Affordable Housing: The LIHTC program incentivizes builders and developers to create affordable housing options for low-income individuals. The maximum rent charged for these apartments is determined by the AMI (Area Median Income). However, it is important to note that the AMI may still make this apartment unaffordable for some low-income individuals. Thus, it is recommended to check the current rental rates to determine affordability. Apartment Details: Chestertown Cove offers 34 low-income apartments, available in one, two, and three-bedroom configurations. Office Hours: For inquiries or assistance, the office is open on Tuesdays and Thursdays from 8 am to 4 pm. Waiting Lists: As is common these days, most apartments have waiting lists. Therefore, we encourage interested individuals to directly contact the provided number to inquire about eligibility and the application process. Considerations for Affordable Living: It is crucial to assess your financial situation and determine if the rental rates are affordable for you. By contacting Chestertown Cove directly, you can gather all the necessary information to apply for and potentially qualify to live in these affordable apartments.