In December, many tenants in Creekwood received alarming letters, indicating that they would now be paying significantly higher rents. WHA has now offered some clarification of what’s going on — and a bit more information about whether the same changes will happen to other properties.
The new rates for tenants in 138 apartments in Creekwood would no longer be based on income, and would instead charge tenants based on the Area Median Income (AMI), at a rate set around 40% of the AMI. That would be $975 a month for a 2-bedroom — certainly less than the market rate for a 2-bedroom in Wilmington, but unaffordable for traditional WHA tenants, who make less than $26,000 for a family of two.
For a tenant making well below WHA’s cap of 30% of their income for traditional units, it’s an overwhelming and untenable increase — sometimes double or triple what they were paying in 2025…