About This Property
Homestead Apts IV comprises 52 low-income units in Homestead, PA, with 41 one-bedroom and 11 two-bedroom apartments serving elderly residents. The property has been in service since 2007 and receives 9% Low-Income Housing Tax Credit financing. A non-profit entity owns and manages the community.
Property Details
Fair Market Rent - Allegheny County, PA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $917 |
| 1 Bedroom | $965 |
| 2 Bedroom | $1,161 |
| 3 Bedroom | $1,474 |
| 4 Bedroom | $1,605 |
Income Limits - Allegheny County, PA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,850
- Very Low (50%)
- $29,700
- Low (80%)
- $47,500
- Extremely Low (30%)
- $20,400
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $22,950
- Very Low (50%)
- $38,200
- Low (80%)
- $61,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,400
- Low (80%)
- $67,850
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,800
- Low (80%)
- $73,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,200
- Low (80%)
- $78,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,600
- Low (80%)
- $84,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,000
- Low (80%)
- $89,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,850 | $29,700 | $47,500 |
| 2 Persons | $20,400 | $33,950 | $54,300 |
| 3 Persons | $22,950 | $38,200 | $61,100 |
| 4 Persons | $26,500 | $42,400 | $67,850 |
| 5 Persons | $31,040 | $45,800 | $73,300 |
| 6 Persons | $35,580 | $49,200 | $78,750 |
| 7 Persons | $40,120 | $52,600 | $84,150 |
| 8 Persons | $44,660 | $56,000 | $89,600 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Homestead, PA?+
The Fair Market Rent (FMR) for Allegheny County, PA is: $917 (Studio), $965 (1BR), $1161 (2BR), $1474 (3BR), $1605 (4BR). Actual rent at subsidized properties like Homestead Apts Iv is typically 30% of household income or less.
What size apartments are available at Homestead Apts Iv?+
Homestead Apts Iv offers the following unit types: 41 One-Bedroom, 11 Two-Bedroom units, for a total of 52 units.
Who manages Homestead Apts Iv?+
Homestead Apts Iv is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Homestead Apts Iv?+
Homestead Apts Iv is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who is eligible to live at Homestead Apts Iv?+
Homestead Apts Iv primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Allegheny County, PA?+
For a 4-person household in Allegheny County, PA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,400, Low Income (80% AMI): $67,850. These limits are set by HUD and updated annually.
What is the price range for apartments in Homestead, PA?+
Based on Fair Market Rent for Allegheny County, the estimated price range is: 1-bedroom: $965, 2-bedroom: $1161. Actual rent at Homestead Apts Iv may be lower for income-eligible households.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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