Frequently Asked Questions
Walbrook Mill Apartments

Income Guidelines and Restrictions related to LIHTC and Market Rate Apartments at Walbrook Mill Apartments

 

How much is the monthly rent and what are the income restrictions? Please see the chart below and the Resident Selection Criteria (RSC).   
 

 

MARKET UNITS

I am looking for a place that is subsidized and the rent goes by my income. If you are seeking subsidized communities please contact your local Housing Authority.

Will the rent go up next year? Annual increases in rental rates should always be assumed.

Will the rent go up even if my income doesnt go up? Annual rent increases are put in place to cover the increasing costs of operating an apartment community. There is no relationship between the annual rental increase and your household income earnings.

What is the Low-Income Tax Credit Program? The Federal Low-Income Housing Tax Credit program was created by the Tax-Reform Act of 1986 to encourage construction and rehabilitation of housing for low- and moderate-income families. The law gives states an annual tax credit allocation based on population and is administered by the Federal Internal Service (IRS) in accordance with Section 42 of the Internal Revenue Code. Developers can earn these tax credits by constructing affordable housing.

Learn more at: http://dhcd.maryland.gov/HousingDevelopment/Pages/lihtc/default.aspx

What does the Resident Selection Criteria (RSC) mean by 50%, 60%? Select units have been set aside for individuals earning the stated percentage of the area median income.  For example, if the area median income (otherwise known as AMI) is $50,000 per year, (as determined by HUD) and your household earns a maximum of $30,000 per year, your household may qualify for an apartment set aside for households earning a maximum of  60% of the area median income.
This number does not indicate that you will pay the stated percentage of your income toward rent.

Is this only for the elderly? Is this a senior building? Walbrook Mill Apartments are for everyone!

Do you have availability for seniors under 62? Yes-we welcome all ages!

Do you accept vouchers? Yes.

What if my income is too high? There is no income maximum for our Market rate apartments.

Do I qualify for the community if I am a student? Households comprised only of full-time students should read the Resident Selection Criteria, page 1 under Students, as well as the application to be sure they meet the qualifications. If you have any questions regarding student guidelines please contact the office.

Why do I need to give you proof of all income and assets? This information is required as part of the Low Income Tax Credit Program to ensure each household meets income eligibility. Please see the Privacy Act Form.

How do I know what documents to give you as proof of my income and assets? See the list of acceptable documents by clicking here.

I have a part-time job should I include it on my application?  Proof of all income and assets must be provided at the time of application. Any information not provided can lead to application denial.

I receive only Social Security. Will I qualify? Maybe. Please see the minimum income guidelines.

Why do I have to list all occupants on my application? In order to determine program eligibility all household members (and their income) must be listed on the application, including those who are under the age of 18. This includes students away at college, dependents with shared custody arrangements and individuals who will join the home within the 12 months of the application date.

Can I add someone to my lease in a few months? Changes in household composition are not permitted within the first 12-month lease term. Please speak with our leasing team for additional information.
 

Utilities

Whats included? Water, Sewage, and Trash are included.

Will there be central air/heating? Yes. Central Air and Heat is offered in all apartments.

Will residents be responsible for both gas and electric? All apartments are 100% electric. You will be responsible for electric costs.

Im not sure if I can get BGE/utilities in my name. How can I find out? What do I do? Call BGE directly to discuss utility service and learn about their application process and credit requirements. Proof of BGE in your name is required at the time of lease signing.
 

Pets
 

Do you accept pets? Yes! We love our furry residents!

What are the pet fees? There is a one-time, non-refundable, pet fee of $300, per pet, plus a $20 monthly fee for each pet.  2 pets are permitted. Please see the RSC for breed restrictions and additional information and requirements.

I have an emotional support animal what documents do I need to provide? Please speak with our leasing team at the time of your appointment for specific information.

Amenities & Features
 

Any 1 bedrooms? Yes

Do you have front door security?  No-both buildings have controlled access entry systems.

Is there an elevator? Yes

Will you have Handicap Parking? Yes-there will be designated handicap parking spaces. Please speak with our leasing team about any questions or concerns you may have related to parking and accessibility.

Are the apartments wheelchair accessible? Several apartments offer accessible features. Please speak with our leasing team for additional information.

Do you have apartments with balcony or patio? No, we do not offer balconies or patios.

Can I get my own washer and dryer? Yes! We offer washers and dryers for rental at $45 per month or you may purchase a washer and dryer professionally installed by a licensed contractor. Please speak to our leasing office team regarding size/space requirements before making a purchase.

Will the washer and dryer be in unit or will there be a laundry facility available? Each apartment features washer/dryer hook ups and the Community also offers a common area laundry room.

Will there be a conference/computer room available? Yes!

Will there be an area that residents can rent for events or parties? No. There is no Community Space available for rental. However, there are many places nearby available to reserve for private events.

Is there closet space? Yes!

What color is the carpet in the bedrooms? The carpet in the bedrooms is a beautiful neutral off-white sure to complement all decorating schemes.

Are appliances included? Yes-each apartment includes an energy efficient appliance suite, including microwave and garbage disposal.

I want one floor living-no steps. Thats exactly what we offer!

What are the public schools in the area? Please look up the local schools on the City website.

 

 

Application & Leasing

 

When will someone call me? Due to the overwhelming interest we are posting online responses to the most frequently asked questions and will be return calls as we are able. We are in the process of setting up our offices and will soon be available to schedule meetings, interviews, and speak with everyone on a one-on-one basis. We cant wait to meet you!

Can I schedule a tour of the community? At this time the building is still under construction so tours are not being scheduled. Floor plans and photos will soon be available on our website.

What is the application fee? $25 per person ages 18 or older. Non-refundable convenience fees apply for payments submitted with a credit or debit card. 

Is the application fee refundable if I dont qualify for an apartment? No.

How long does it take to process my application? Application processing varies based on the individual, and the regulations associated with the specific apartment youve selected. The process can be more efficient if all requested documents are available at the time of application interview. Bringing in ID information, proof of all income and assets and providing additional documents when requested greatly reduces the processing time. Please assume at least a two-week processing time from the date of original application, at the minimum.

Do you have a senior rate discount? Our friendly leasing team will be happy to speak with you about discounts and specials. Please be sure to ask at the time of your appointment.

Can I transfer my lease from another Habitat America community? Sadly, no. Each community has different qualifying criteria and a new application must be submitted.

I live in a community that used to be managed by Habitat America. Does this matter for my application? We are thrilled to have you join our Habitat America family again! As each community has different application and qualifying criteria, we must ask everyone to go through the application process anew for each Community.

Is there currently a waiting list? Yes.

Will ownership become an option? Not in the foreseeable future.

Can I have a co-signer? Yes-please see the Resident Selection Criteria for additional information.

When will the apartments be available? Please check on our website and Facebook for timelines. Its really difficult to predict with new construction. One particularly rainy (or snowy) week can change everything. Please keep this in mind, along with a very flexible moving plan, during your application process.

When can I see a model apartment? We are hoping to invite everyone to visit and see a model apartment soon. Stay tuned for updates!

Will I be able to pay my rent online? Yes!

Will there be an additional charge for online payments? No charge for ACH. Credit card and debit payments incur a convenience fee.

We are looking forward to meeting you soon!

 Have a new question not already answered here? Please let us know at [email protected].