About This Property
Parkway Apts is a 159-unit affordable housing community in Hillcrest Heights, Maryland that includes 143 low-income units serving families. The property offers a mix of one-, two-, and three-bedroom floor plans, with 18 one-bedroom, 120 two-bedroom, and 21 three-bedroom units. Placed in service in 2003, the community is financed through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Prince George's County, MD
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,772 |
| 1 Bedroom | $1,803 |
| 2 Bedroom | $2,045 |
| 3 Bedroom | $2,544 |
| 4 Bedroom | $3,015 |
Income Limits - Prince George's County, MD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $27,100
- Very Low (50%)
- $45,150
- Low (80%)
- $57,650
- Extremely Low (30%)
- $31,000
- Very Low (50%)
- $51,600
- Low (80%)
- $65,850
- Extremely Low (30%)
- $34,850
- Very Low (50%)
- $58,050
- Low (80%)
- $74,100
- Extremely Low (30%)
- $38,700
- Very Low (50%)
- $64,500
- Low (80%)
- $82,300
- Extremely Low (30%)
- $41,800
- Very Low (50%)
- $69,700
- Low (80%)
- $88,900
- Extremely Low (30%)
- $44,900
- Very Low (50%)
- $74,850
- Low (80%)
- $95,500
- Extremely Low (30%)
- $48,000
- Very Low (50%)
- $80,000
- Low (80%)
- $102,100
- Extremely Low (30%)
- $51,100
- Very Low (50%)
- $85,150
- Low (80%)
- $108,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $27,100 | $45,150 | $57,650 |
| 2 Persons | $31,000 | $51,600 | $65,850 |
| 3 Persons | $34,850 | $58,050 | $74,100 |
| 4 Persons | $38,700 | $64,500 | $82,300 |
| 5 Persons | $41,800 | $69,700 | $88,900 |
| 6 Persons | $44,900 | $74,850 | $95,500 |
| 7 Persons | $48,000 | $80,000 | $102,100 |
| 8 Persons | $51,100 | $85,150 | $108,650 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Hillcrest Heights, MD?+
The Fair Market Rent (FMR) for Prince George's County, MD is: $1772 (Studio), $1803 (1BR), $2045 (2BR), $2544 (3BR), $3015 (4BR). Actual rent at subsidized properties like Parkway Apts (New) is typically 30% of household income or less.
What size apartments are available at Parkway Apts (New)?+
Parkway Apts (New) offers the following unit types: 18 One-Bedroom, 120 Two-Bedroom, 21 Three-Bedroom units, for a total of 159 units.
What are the income limits for affordable housing in Prince George's County, MD?+
For a 4-person household in Prince George's County, MD, the income limits are: Extremely Low Income (30% AMI): $38,700, Very Low Income (50% AMI): $64,500, Low Income (80% AMI): $82,300. These limits are set by HUD and updated annually.
Who is eligible to live at Parkway Apts (New)?+
Parkway Apts (New) primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Parkway Apts (New)?+
Parkway Apts (New) is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Parkway Apts (New)?+
Parkway Apts (New) is managed by . You can reach them at .
What is the price range for apartments in Hillcrest Heights, MD?+
Based on Fair Market Rent for Prince George's County, the estimated price range is: 1-bedroom: $1803, 2-bedroom: $2045, 3-bedroom: $2544. Actual rent at Parkway Apts (New) may be lower for income-eligible households.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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