Monroe Terrace LIHTCPB Section 8 Wilmington, DE

Profile last updated · Data vintage: HUD FY2025

Monroe Terrace is a Project-Based Section 8 community in Wilmington, DE with 35 units reporting 83% occupancy. Assisted residents pay about $506/month on average.

35
total units
83%
occupancy
$506
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Project-Based Section 8, Low-Income Housing Tax Credit (LIHTC)
Address606 Jefferson St, Wilmington, DE 19801 Map →
Average household income$20,963/yr
Average personal income$8,082/yr
People per unit2.6
Moved in within last year13%
Households below 30% AMI69%
Households below 50% AMI91%

How to apply at Monroe Terrace

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 606 Jefferson St, Wilmington; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget (~$506/mo average here).

Other subsidized housing in Wilmington

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Bethel Villa LIHTCPB Section 8Wilmington0.8 km
Bethel Villa Associates PB Section 8Wilmington0.8 km
River Commons LIHTCPB Section 8Wilmington0.8 km
Scattered Sites South Public HousingWilmington0.8 km
Ships Tavern Mews LIHTCWilmington0.8 km
Market Street Village LIHTCWilmington0.8 km
Compton Park Apartments LIHTCPB Section 8Wilmington0.8 km
West Center Place LIHTCPB Section 8Wilmington0.8 km

← All subsidized housing in Wilmington

Frequently asked questions

What kind of subsidy does Monroe Terrace have?
Project-Based Section 8; Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Monroe Terrace?
Residents report average rents near $506/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at Monroe Terrace?
Contact the management office at 606 Jefferson St in Wilmington. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.