About This Property
Neighborhood Restoration Vi offers 38 low-income units in Philadelphia, Pennsylvania, serving families through a mix of 2 two-bedroom and 36 three-bedroom apartments. The property has been in service since 1996 and utilizes 4% Low Income Housing Tax Credits to maintain affordability. This development provides housing options for income-qualified households in Philadelphia County.
Waitlist Information
Waitlist managed by Philadelphia Housing Authority
PHA closed its Public Housing Program wait lists on April 15, 2013. The wait list will reopen when PHA determines that the average wait time for housing has reached an acceptable level. Senior-designated housing developments and special programs remain open.
The HCV waitlist is anticipated to reopen in 2027, and the public will be notified through various media and the PHA website.
Waitlist data provided by section8waitlist.org
Updated July 7, 2026
Property Details
Fair Market Rent - Philadelphia 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 | $1,303 |
| 1 Bedroom | $1,451 |
| 2 Bedroom | $1,737 |
| 3 Bedroom | $2,100 |
| 4 Bedroom | $2,422 |
Income Limits - Philadelphia County, PA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,850
- Very Low (50%)
- $33,100
- Low (80%)
- $52,950
- Extremely Low (30%)
- $22,700
- Very Low (50%)
- $37,800
- Low (80%)
- $60,500
- Extremely Low (30%)
- $25,550
- Very Low (50%)
- $42,550
- Low (80%)
- $68,050
- Extremely Low (30%)
- $28,350
- Very Low (50%)
- $47,250
- Low (80%)
- $75,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $51,050
- Low (80%)
- $81,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $54,850
- Low (80%)
- $87,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $58,600
- Low (80%)
- $93,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $62,400
- Low (80%)
- $99,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,850 | $33,100 | $52,950 |
| 2 Persons | $22,700 | $37,800 | $60,500 |
| 3 Persons | $25,550 | $42,550 | $68,050 |
| 4 Persons | $28,350 | $47,250 | $75,600 |
| 5 Persons | $31,040 | $51,050 | $81,650 |
| 6 Persons | $35,580 | $54,850 | $87,700 |
| 7 Persons | $40,120 | $58,600 | $93,750 |
| 8 Persons | $44,660 | $62,400 | $99,800 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Philadelphia, PA?+
The Fair Market Rent (FMR) for Philadelphia County, PA is: $1303 (Studio), $1451 (1BR), $1737 (2BR), $2100 (3BR), $2422 (4BR). Actual rent at subsidized properties like Neighborhood Restoration Vi (1) is typically 30% of household income or less.
What size apartments are available at Neighborhood Restoration Vi (1)?+
Neighborhood Restoration Vi (1) offers the following unit types: 2 Two-Bedroom, 36 Three-Bedroom units, for a total of 38 units.
What is the price range for apartments in Philadelphia, PA?+
Based on Fair Market Rent for Philadelphia County, the estimated price range is: 2-bedroom: $1737, 3-bedroom: $2100. Actual rent at Neighborhood Restoration Vi (1) may be lower for income-eligible households.
Who manages Neighborhood Restoration Vi (1)?+
Neighborhood Restoration Vi (1) is managed by . You can reach them at .
How do I apply for housing at Neighborhood Restoration Vi (1)?+
Neighborhood Restoration Vi (1) is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Neighborhood Restoration Vi (1)?+
Neighborhood Restoration Vi (1) primarily serves families. 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 Philadelphia County, PA?+
For a 4-person household in Philadelphia County, PA, the income limits are: Extremely Low Income (30% AMI): $28,350, Very Low Income (50% AMI): $47,250, Low Income (80% AMI): $75,600. These limits are set by HUD and updated annually.
Is there a waitlist for Neighborhood Restoration Vi (1)?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Opening Soon and is expected to open for applications soon. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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