515 State St, Erie, PA 16501
Waiting List Forecast: Likely Long or Closed
Verified for 2022 by Colleen Carter, Ric GresiaRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 Bed | 1 Bath | 540 Sq Ft |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Richford Arms is a 10 story affordable community designed for seniors who are age 62 or older or disabled. This vibrant community is set in historic downtown Erie, PA, one mile from the lakefront.
Richford Arms offers a variety of one-bedroom floorplans along with a community room, community kitchen, computer lab, fitness center, and laundry facilities. The spacious air-conditioned apartments have fully equipped kitchens and large windows with views of downtown and Lake Erie.
Adjacent to the Perry Square Park and near the West Sixth Street Historic District, Richford Arms is at the heart of it all. Located on the Erie public bus route, it is also within walking distance of the UPMC Hamot Hospital, the Gannon Recreation Center, museums, restaurants, and shopping. Please call their friendly on-site lease team today and take the first step in Living Well by Design. Richmond Arms is proud to be a smoke-free community.
Since Richford Arms participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 540ft2 | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
---|---|---|---|---|---|---|---|---|
30% AMI for PBRA Units | $16,700 / year | $19,720 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
50% AMI for LIHTC Units | $27,800 / year | $31,800 / year | $35,750 / year | $39,700 / year | $42,900 / year | $46,100 / year | $49,250 / year | $52,450 / year |
50% AMI for PBRA Units | $27,800 / year | $31,800 / year | $35,750 / year | $39,700 / year | $42,900 / year | $46,100 / year | $49,250 / year | $52,450 / year |
80% AMI for PBRA Units | $44,450 / year | $50,800 / year | $57,150 / year | $63,500 / year | $68,600 / year | $73,700 / year | $78,750 / year | $83,850 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Richford Arms have a waiting list?
Richford Arms probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Richford Arms?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Richford Arms?
Richford Arms is managed by Beacon Communities headquartered in Pleasanton, California.
In addition to Richford Arms, how many other affordable housing properties (and units) are there in Erie?
In addition to Richford Arms, we list 64 other affordable properties in Erie. Learn about these properties here. Our data research shows that there are a total of 3781 affordable units in Erie.
When was the Richford Arms listing last updated?
Richford Arms listing on Affordable Housing Online was last updated on 11/09/2022 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
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