Breslyn Apartments
4640 Walnut St
Philadelphia, Philadelphia County, Pennsylvania 19139

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Funding Programs

Breslyn Apartments was developed and operates with Federal housing financing. The property utilizes the Project Based Sec. 8 Federal housing program to make rent affordable to lower income tenants.

Section 8

Breslyn Apartments has a project-based Section 8 contract. 60 of the 60 total units at the property receive Section 8 assistance. This means that 100% of the renter households in the property pay no more than 30% of their adjusted income for rent.

The current Section 8 contract was effective on November 01, 2015 and the contract expires on October 31, 2035. The Section 8 contract rent is 107.6% of the Fair Market Rent for the area. According to the HUD Multifamily database, the fair market rents for the area are $1,210.00 for Two Bedroom and $1,502.00 for Three Bedroom.

29% of Pennsylvania properties and 26% of all properties across the country have Section 8 rental subsidies. See the Rent Subsidies section for more.

Overview

Breslyn Apartments is an affordable apartment community located in Philadelphia, Pennsylvania which is located in Philadelphia County. The property is located in Pennsylvania's 2nd Congressional District served by Representative Dwight Evans (D), Senator Patrick Toomey (R) and Senator Robert Casey (D).

Breslyn Apartments is an apartment community containing 60 rental units. The property contains 132 bedrooms and based on typical apartment occupancy limits, Breslyn Apartments is home to not more than 264 persons when fully occupied.

Rent Subsidies

Breslyn Apartments provides rental subsidies to renters. The type of subsidy provided to apartment renters in Philadelphia, PA by this property is Project Based Sec. 8.

This subsidy allows the renter to pay 30% of his or her income for rent while the subsidy pays the difference. To qualify, a renter must earn 50% or less of the Area Median Income.

There is a minimum rent payment of not less than $25 and as much as $50 for all subsidy recipients at this property. That means that even if a renter has zero income, they will still be required to pay rent. In recent years, there have been various legislative proposals to increase the Section 8 minimum rent but advocates make the valid point that minimum rents affect the poorest of the poor.

Unit Mix

Breslyn Apartments contains a mix of 60 assisted two and three bedroom apartments for rent. There are 48 Two Bedroom and 12 Three Bedroom apartments in this property. The unit mix is 80% Two Bedroom and 20% Three Bedroom apartment rentals. The average bedroom size for Breslyn Apartments is 2.2.

Pennsylvania's 2nd

Congressional District

60

Total Units

60

Project Based Sec. 8 Units

107.6

% of Fair Market Rent

31-Oct-35

Project Based Sec. 8 Contract Expiration

Two and Three

Unit Mix

2.2

Average Bedroom Size

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† These counts are estimates based on the data available from HUD. Learn More About Our Data