The Point at Smithsburg

About This Building

Affordable Housing Option in Smithsburg, MD Introduction: The Point at Smithsburg provides a Low-Income Housing Tax Credit (LIHTC) apartment for individuals seeking affordable housing in Smithsburg, MD. Supported by the LIHTC program, these rental apartments offer income restrictions and program rent to cater to low-income individuals. Program Overview: The LIHTC program offers incentives to builders and developers, encouraging the provision of affordable housing options for low-income persons. The maximum rent for these apartments is determined based on the Area Median Income (AMI), which may result in affordability challenges for some individuals. Therefore, it is recommended to check the current rental rates to assess affordability. Apartment Details: At The Point at Smithsburg, you can find 38 two and three bedroom apartments designated for low-income individuals. It is worth noting that there is often a high demand for such apartments, resulting in waiting lists. Application Process: To determine your eligibility and apply for residency, you can contact The Point at Smithsburg directly using the provided phone number. It is advisable to reach out and inquire about the availability and application process. HUD Subsidies: This apartment complex accepts HUD subsidies, providing additional benefits for eligible individuals. For those who qualify for low-income housing and if there are available units, rent is based on 30% of their Adjusted Gross Income. Apartment Options: - 2 Bedroom Apartments: Available at this location. - 3 Bedroom Apartments: Also available at this location. Contact Information: For further details about this affordable housing option, kindly call the provided number to inquire about the specific terms and conditions regarding residency.