Oaks at Olde Towne LIHTC Gaithersburg, MD
Profile last updated · Data vintage: HUD LIHTC 2024
Oaks at Olde Towne is a Low-Income Housing Tax Credit (LIHTC) community in Gaithersburg, MD with 72 units. Rents are set relative to household income.
72
total units
—
occupancy
—
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Low-Income Housing Tax Credit (LIHTC) |
|---|---|
| Address | 7 Chestnut St, Gaithersburg, MD 20877 Map → |
| Tax-credit (LI) units | 71 |
| Placed in service | 2002 |
How to apply at Oaks at Olde Towne
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.
- Call or visit the management office at 7 Chestnut St, Gaithersburg; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget.
Other subsidized housing in Gaithersburg
- The Crossing at Olde Towne LIHTC
- The Willows LIHTC
- Forest Oak Towers LIHTCPB Section 8
- The Fields of Suburban Park LIHTCPB Section 8
- Londonderry Towers PB Section 8
- Hillside Senior Living LIHTCPB Section 8
- Parklane Apts LIHTC
- Airpark Apartments [aka] Corrigan Square LIHTC
- Airpark Apts LIHTCPB Section 8
- Stewartown Apts LIHTC
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| Montgomery Club Vi PB Section 8 | Gaithersburg | 0.8 km |
| Montgomery Housing §811 | Gaithersburg | 1.1 km |
| Camp Hill Square PB Section 8 | Gaithersburg | 2.8 km |
| Montgomery Homes Viii LIHTC | Rockville | 3.4 km |
| Esperance Housing §811 | Gaithersburg | 3.5 km |
| Centennial Housing §811 | Gaithersburg | 3.7 km |
| Shady Grove Apartments LIHTCPB Section 8 | Derwood | 4 km |
| Relp One Apts LIHTC | Rockville | 4.2 km |
← All subsidized housing in Gaithersburg
Frequently asked questions
What kind of subsidy does Oaks at Olde Towne have?
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 Oaks at Olde Towne?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Oaks at Olde Towne?
Contact the management office at 7 Chestnut St in Gaithersburg. 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.