Cheshire House
427 E Washington Ln
Philadelphia, Philadelphia County, Pennsylvania 19144

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Funding Programs

Cheshire House was developed and operates with Federal housing financing. The property utilizes the Section 202 Federal housing program to make rent affordable to lower income tenants.

Section 202

The property was developed with funding through the HUD Section 202 program which provides funding for housing for seniors who are 62 or older. The program provided both capital financing to construct the property and operating subsidies that work as rental assistance like the Section 8 program. Cheshire House is among only 272 Section 202 properties in Pennsylvania and 6,166 in the country.

Overview

Cheshire House 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).

Cheshire House is an apartment community containing 12 rental units. The property contains 12 studio bedrooms and based on typical apartment occupancy limits, Cheshire House is home to not more than 12 persons when fully occupied.

Rent Subsidies

Cheshire House provides rental subsidies to renters. The type of subsidy provided to apartment renters in Philadelphia, PA by this property is Section 202 Rental Assistance.

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 no minimum rent at this property for residents receiving a rent subsidy but in recent years, there has been discussions in Congress to implement a minimum rent in the Section 202 Program to reduce cost burden on the Federal budget.

Unit Mix

Cheshire House contains a mix of 12 assisted studio bedroom apartments for rent. There are 12 Studio apartments in this property. The unit mix is 100% Studio apartment rentals. The average bedroom size for Cheshire House is .

Pennsylvania's 2nd

Congressional District

12

Total Units

12

Project Based Sec. 8 Units

12

Section 202 Units

12

Senior Units

189.8

% of Fair Market Rent

03-Dec-34

Project Based Sec. 8 Contract Expiration

Studio

Unit Mix

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