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31 West Patrick Street•
Frederick,
Maryland
21701

Living Programs

Francis Scott Key Apartments offers both market-rate and income-restricted apartment homes. Select apartments participate in the Low-Income Housing Tax Credit (LIHTC) program, which establishes household income limits and rent restrictions.

LIHTC itself does not provide rental assistance. Households receiving separate rental assistance may have a different tenant payment. Contact our leasing team to discuss rental options and availability.

Current LIHTC Monthly Rents

Effective August 2026

Apartment Type Market-Rate Monthly Rent LIHTC Monthly Rent
1 Bedroom $1,858–$1,963 $1,787
2 Bedrooms / 1.5 Baths $2,221–$2,326 $2,136*
2 Bedrooms / 2 Baths $2,256–$2,391 $2,136*
3 Bedrooms $2,562–$2,597 $2,463

Income eligibility requirements apply. Contact the leasing office to confirm current pricing, availability, and occupancy guidelines.

Maximum Annual Household Income

Income limits are based on household size, rather than apartment size.

Apartment Size Monthly Rent Maximum Occupants
1 Bedroom $1,787 2
2 Bedrooms $2,136 4
3 Bedrooms $2,463 6

Eligibility is determined through verification of anticipated household income over the next twelve months under applicable program rules. Income sources may include wages, tips, overtime, Social Security benefits, support payments, and income from assets.

Income limits are subject to change. Final eligibility requires review and verification by the leasing team.

Minimum Annual Income Requirements

These property screening requirements apply to LIHTC apartments. Contact the leasing office regarding how rental assistance may affect these requirements.

Apartment Size Minimum Annual Income
1 Bedroom $53,610
2 Bedrooms $64,080
3 Bedrooms $73,890

Frequently Asked Questions

Are all apartments income-restricted?

No. Francis Scott Key offers both market-rate and LIHTC apartments. Our leasing team can help you identify available options.

How do I know whether I qualify for a LIHTC apartment?

Eligibility depends on household size, verified household income, and applicable program requirements. Review the maximum income table above and contact our leasing team for assistance.

Is LIHTC rent based on my personal income?

LIHTC rents are established for the apartment within program limits. They are not calculated as a percentage of your individual household income. Separate rental assistance may affect the amount you pay.

What documents will I need?

Documentation may include identification and verification of household income, assets, and student status. Our leasing team will provide a checklist for your household.

Can full-time students qualify?

Special rules apply to households composed entirely of full-time students. Exceptions may be available. Contact our leasing team to discuss eligibility.

Are utilities included?

Contact the leasing office to confirm which utilities are included and which are paid separately.

How do I apply or check availability?

Call 301-694-3700 or visit our Contact Us page to confirm availability and receive application instructions.