About This Property
Water Tower comprises 60 low-income units serving families in Columbia, Pennsylvania. The property includes 15 one-bedroom units, 40 two-bedroom units, and 5 three-bedroom units, and has been in service since 1996 with 4% LIHTC financing.
Property Details
Fair Market Rent - Lancaster 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 | $938 |
| 1 Bedroom | $1,061 |
| 2 Bedroom | $1,333 |
| 3 Bedroom | $1,725 |
| 4 Bedroom | $1,775 |
Income Limits - Lancaster County, PA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,450
- Very Low (50%)
- $29,050
- Low (80%)
- $46,500
- Extremely Low (30%)
- $19,950
- Very Low (50%)
- $33,200
- Low (80%)
- $53,150
- Extremely Low (30%)
- $22,450
- Very Low (50%)
- $37,350
- Low (80%)
- $59,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,500
- Low (80%)
- $66,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,850
- Low (80%)
- $71,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,150
- Low (80%)
- $77,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,500
- Low (80%)
- $82,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,800
- Low (80%)
- $87,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,450 | $29,050 | $46,500 |
| 2 Persons | $19,950 | $33,200 | $53,150 |
| 3 Persons | $22,450 | $37,350 | $59,800 |
| 4 Persons | $26,500 | $41,500 | $66,400 |
| 5 Persons | $31,040 | $44,850 | $71,750 |
| 6 Persons | $35,580 | $48,150 | $77,050 |
| 7 Persons | $40,120 | $51,500 | $82,350 |
| 8 Persons | $44,660 | $54,800 | $87,650 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Columbia, PA?+
The Fair Market Rent (FMR) for Lancaster County, PA is: $938 (Studio), $1061 (1BR), $1333 (2BR), $1725 (3BR), $1775 (4BR). Actual rent at subsidized properties like Water Tower is typically 30% of household income or less.
What size apartments are available at Water Tower?+
Water Tower offers the following unit types: 15 One-Bedroom, 40 Two-Bedroom, 5 Three-Bedroom units, for a total of 60 units.
What are the income limits for affordable housing in Lancaster County, PA?+
For a 4-person household in Lancaster County, PA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,500, Low Income (80% AMI): $66,400. These limits are set by HUD and updated annually.
Who is eligible to live at Water Tower?+
Water Tower primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Columbia, PA?+
Based on Fair Market Rent for Lancaster County, the estimated price range is: 1-bedroom: $1061, 2-bedroom: $1333, 3-bedroom: $1725. Actual rent at Water Tower may be lower for income-eligible households.
How do I apply for housing at Water Tower?+
Water Tower 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 manages Water Tower?+
Water Tower is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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