Located at 3101 S Federal Blvd, Mount Loretto, is affordable (LIHTC) housing for a wide range of family sizes. (Tax Credit) Smoke-Free Community. 

See below for more information on qualifying:
To qualify, the total amount of money before taxes and any deductions (Gross Income), received by all household members, plus interest and/or income from all assets must not exceed the below Annual Income Limit for the number of people in household.

Income Limits Date Effective 05/16/2024
Number of people in household     
Annual Income Limit  60%, 50%, 40%, 30%  

	1	2	3	4	5	6	7	8
60%	$54,780	$62,640	$70,440	$78,240	$84,540	$90,780	$97,020	$103,320
50%	$45,650	$52,200	$58,700	$65,200	$70,450	$75,650	$80,850	$86,100
40%	$36,520	$41,760	$46,960	$52,160	$56,360	$60,520	$64,680	$68,800
30%	$27,390	$31,320	$35,220	$39,120	$42,270	$45,390	$48,510	$51,660

 

 

Number of Bedrooms	1	2	3	4
Monthly Rent   30%	$661	$788	$908	N/A
40%	$906	$1,082	$1,247	N/A
50%	$1,151	$1,375	$1,586	N/A
60%				$2,141

Applicants must have sufficient income to pay rent and are required to have monthly income that is two (2) times the monthly rent of the unit they would occupy. 

Our screening process includes third-party income verification from employers and landlords, evictions, credit and criminal background checks for every applicant over the age of 18. Households consisting entirely of full-time students are not eligible for this affordable housing program unless they meet one of the exemptions. We are a smoke-free and pet-free community. Unit size is determined by family size, with no less that 1 person & no more than 2 people per bedroom. 
No one can be added to the household during the initial lease term of 1 year unless that addition is due to the documented birth of a child, marriage, legal adoption, foster child or as a need of a verified Reasonable Accommodation request due to a disability. 
Our Tax Credit Communities are operated under the LIHTC (low income housing tax credit) program and any falsification or misrepresentation will be considered a material breach.  Giving fraudulent or misrepresented information will invalidate this application and the applicant(s) will be denied housing. 

Residential License Number - 2023-BFN-0001997