What is a Tax Credit Property?
A Tax Credit Property is an apartment community that participates in the Federal Low Income House Tax Credit (LIHTC) Program. These properties have utilized LIHTC financing in return for agreeing to keep rents at levels that are governed by the Program. There are income requirements for applicant households which may not exceed the limits set by the program.
How Does Tax Credit Work?
Tax credit property guidelines are set by HUD and updated on a yearly basis. If you are living in a tax credit property you will have to re-certify your income each year but over time it can rise from the maximum allowable limits stated below. The income restrictions for applicants are based on a percentage of the Area Median Income (AMI). The allowable amount is based on the number of persons residing in the apartment and the apartment size. Below, you will find a 2024 example chart for properties with income limits of 60% AMI. The chart specifies the minimum income required, maximum income per apartment size and number of occupants. *Calculations can change based on the % and AMI of the area.*
What Do I Need To Bring To Apply For A Tax Credit Property?
Applying for a tax credit property requires a long list of documents to determine which category you fall under. You should be prepared with the following in order to have a complete application:
Six consecutive months of paystubs
Monthly fixed income (must be within 30-day of application date)
Six consecutive months of checking statements
One savings account statement
Proof of any / all funds held in financial apps (e.g. Venmo, PayPal, and Cash App)
Proof of any / all retirement accounts
Proof of any whole life insurance policies
Before the application fee is accepted, the applicant is hereby advised that the eligibility criteria used in deciding whether to rent to the applicant are based on a review of the application, income (as detailed above) applicant’s consumer credit history, applicant’s pending criminal accusation or criminal conviction history (as permitted by applicable law, including, without limitation, the Fair Criminal Record Screening for Housing Act of 2016 (DC Code §42-3541.01 et seq.)), rental and eviction history (as permitted by applicable law, including, without limitation, the Eviction Record Sealing Authority and Fairness in Renting Amendment Act of 2022 (DC Code §42-3505.10)) and verification of employment.
WC Smith will not refuse to rent a rental unit to a person because the person will provide the rental payment, in whole or in part, through a voucher for rental housing assistance provided by the District of Columbia or Federal government.
TAX CREDIT APARTMENTS IN SOUTHEAST
GARDEN VILLAGE
1720 Trenton Pl SE
Washington, DC 20020
Step onto the beautiful grounds of Garden Village and you will find both convenience and affordable luxury in Southeast DC. These one and two-bedroom apartments are for rent and provide for the best apartment experience you can find in Congress Heights. Energy efficient appliances and spacious closets combined with your choice of an accent wall color as well as hardwood floors or carpet will make your apartment feel like home. On-site maintenance and management and easy access to public transportation make for stress-free living at Garden Village.
MANOR VILLAGE
1717 Alabama Ave SE
Washington, DC 20020
Looking for affordable luxury in Southeast DC? Manor Village, located in the Congress Heights neighborhood, is the place for you. These one and two-bedroom apartments feature energy-efficient appliances, central AC, and a choice between hardwood flooring or carpeting. Life at Manor Village is nothing but comfortable and easy – on-site maintenance and management teams, a free shuttle bus, on-site laundry facilities, a pool, a playground, and more are all available to residents. The prime location in Congress Heights provides residents easy access to public transportation, shopping, restaurants, and more.
SHIPLEY PARK
2532 Southern Ave SE
Washington, DC 20020
Located in the Congress Heights neighborhood is Shipley Park, an apartment community with one and two-bedroom apartments for rent. We invite you to visit and see Shipley Park’s practical features and beautiful designs, all of which will make your everyday life here more enjoyable. You will fall in love with the spacious floor plans and their new hardwood floors, oak kitchen cabinets, and breakfast bars. The Shipley Park community will make you feel right at home with on-site maintenance and management, a community room, a business center, and more.
JASPER PLACE
1350 Jasper St SE
Washington, DC 20020
Live in style at Jasper Place Apartments, a newly renovated apartment community located in the Congress Heights neighborhood of Southwest DC. The community offers one and two-bedroom apartments for rent equipped with wood laminate flooring, new granite counter tops, new cabinets, and an energy efficient appliance package that includes stainless steel dishwashers and microwaves. To ensure that Jasper Place delivers an affordable apartment living experience, some utilities are included in the rent. This is what we call affordable luxury with comfort.
ARCHER PARK
1200 Mississippi Ave SE
Washington, DC 20032
For brand new apartment homes in the Congress Heights neighborhood, look no further than Archer Park. These beautifully designed apartments feature spacious floor plans, Energy Star Stainless Steel Appliance Packages, Central A/C, hardwood floors, and washers and dryers. Residents have access to a variety of community amenities including a fitness center, clubhouse, business center, and more. Archer Park is affordable luxury living at its finest.
PARK VISTA APARTMENTS
3432 13th St SE
Washington, DC 20032
Step into the Park Vista Apartments and you will find completely renovated apartment homes in the Congress Heights neighborhood of Southeast DC. With spacious floor plans, newly renovated kitchens, washer and dryers in each home, hardwood floors, and more, the Park Vista apartments offer the amenities you want at a price you can afford. Our on-site maintenance and management teams available 24 hours a day make life at Park Vista Apartments convenient and enjoyable.
SHERIDAN STATION
2516 Sheridan Rd SE
Washington, DC 20020
Whether you are looking for an apartment, condominium, or townhome, Sheridan Station has a home to fit every need. Located in the Anacostia neighborhood of Southeast DC, Sheridan Station provides luxury living at an affordable price. The spacious floor plans feature stainless steel appliances, washers and dryers, beautiful hardwood floors, and much more. Life at Sheridan Station is easy to get used to – a concierge to greet you at the front door, a business center, a fitness center with group exercise classes, and on-site maintenance and management teams available for your every need. On top of that, the location is one of the Sheridan Station’s top draws. There is no need to venture far to experience life at its best.
T STREET
1350 Jasper St SE
Washington, DC 20020
For affordable apartment living in Congress Heights, T Street is the place for you. This Southeast DC apartment community offers newly renovated one, two, and three-bedroom apartments for rent. You will fall in love with the spacious floor plans, fully equipped with wood laminate flooring, granite counter tops, updated cabinets, and energy efficient appliances. Pay your rent online, utilize our 24-hour services, and access public transportation with ease at T Street. The comfort and conveniences of T Street will make you excited to return home every day.
THE OAKS
1814 29th St SE
Washington, DC 20020
Located in Southeast DC, The Oaks is an apartment community with elegant one, two, and three-bedroom apartments for rent. Enjoy the modern conveniences of The Oaks apartments: spacious floor plans, newly updated kitchens, beautiful hardwood floors, central air conditioning, and in-unit washer and dryers. You can expect convenience and ease when you live at The Oaks. Residents have access to on-site maintenance and management teams, the ability to make rent payments online, and the building is just blocks away from public transportation.
TAX CREDIT APARTMENTS IN NORTHEAST
FAIRWAY PARK
2100 Maryland Ave NE
Washington, DC 20002
Welcome to Fairway Park, the Langston neighborhood’s newest apartment community. These completely renovated DC apartments offer community space, energy efficient appliances, and a new washer and dryer in every home. Residents have access to on-site maintenance and management teams, a community meeting room and cyber café, and an outdoor playground. The Langston neighborhood is in a convenient location, commuting in and out of the area is painless, and there are several attractions close by.
TAX CREDIT APARTMENTS IN NORTHWEST
JUNIPER COURTS
7701 Georgia Ave NW
Washington, DC 20010
Juniper Courts is a completely renovated building with affordable studio, one, and two-bedroom apartments for rent in Northwest DC. At Juniper Courts, you will find open and comfortable floor plans with an abundance of natural lighting, hardwood floors, large closets, central air conditioning, and more. The community offers residents a variety of amenities including a community room with computers and WiFi, on-site dry cleaning, and on-site laundry facilities. Additionally, the on-site maintenance, management, and leasing teams are available to assist you at any time. As if the apartment and community amenities weren’t enough, the prime location in Takoma makes Juniper Courts even better.
LONGFELLOW
734 Longfellow St. NW
Washington, DC 20011
Find comfort, convenience, and beauty when you make Longfellow your new home. At Longfellow, enjoy apartments with updated kitchens, beautiful hardwood floors, and an abundance of natural lighting, all in a Green Building. In addition to newly renovated apartments, residents have access to a parking garage, on-site laundry facilities, an elevator in the building, and more. Longfellow is conveniently located in Brightwood, a Northwest DC neighborhood with all that you might need on a daily basis: shops, restaurants, markets, a Metro Station, and additional public transportation options. Make Brightwood your home today at Longfellow.
WHITE LAW
1839 13th St NW
Washington, DC 20009
White Law is an apartment community located in the U Street Corridor of Northwest DC. This historical landmark has newly renovated one, two, and three bedroom apartments for rent. The apartments feature wall-to-wall carpeting, central air conditioning, and energy efficient appliances, combining classic style with modern conveniences. On-site maintenance and management teams, on-site laundry facilities, a building elevator, and historical charm are just a few reasons why residents love living here. In addition to the apartment and community amenities, the building’s prime location in the U Street Corridor makes White Law a place you will love to come home to.