Sharswood Townhouses II
1450 N. 21st Street
Philadelphia, Philadelphia County, Pennsylvania 19121

Call (855) 598-3283, enter extension 34057, then hit #.

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About The Property:

New family community located in North Central PA. Close to transportation, restaurants, schools and shopping. On site laundry facility and playground for kids. Plenty of parking throughout. Please contact site manager for more details.

Unit Information

Unit Bed/Bath Rent
Two Bedroom 2/1 $
Three Bedroom 3/1 $

Property Amenities

  • Playground
  • Laundry Room
  • 24hr Emergency Maintenance
  • Urban Area

Unit Amenities

  • Air Conditioning
  • Garbage Disposal
  • Cable/Satellite TV
  • Window Coverings
  • Carpet
  • Yard
  • Private Entrance
  • Scenic View

Nearby Amenities

  • Close to Business District
  • Close to Dining
  • Close to Downtown District
  • Close to Public Transportation
  • Close to Shopping
  • Near Hospital
  • Near Library
  • Near Park
  • Near Schools

Lease Terms

One year lease. Month to month thereafter.

Pet Policy

No

Managed By Interstate Realty Management

Funding Programs

Sharswood Townhouses II was developed and operates with Federal housing financing. The property utilizes 2 Federal housing programs to make rent affordable to lower income tenants. These programs are Low Income Housing Tax Credit and HOME.

Low Income Housing Tax Credit

The property was developed using the Low Income Housing Tax Credit Program. This program incentivizes investors to inject capital into rental apartments for lower income Americans. The property received a tax credit allocation in 2004 for $1,261,941 with a 10 year value of $12,619,410. The property was placed in service in 2006. 59 of 60 units at Sharswood Townhouses II are low income and subject to the tax credit program. The property, at the time of the tax credit allocation, was located in a Qualified Census Tract qualifying it for additional tax credit financing.

HOME Investment Partnership

The property was financed in part with financing through the Federal HOME Investment Partnership Program. 59 of the 60 total units at Sharswood Townhouses II are assisted under the HOME program. It received $3,500,000 ($59,322 per unit) in financing through the HOME program.

Overview

Sharswood Townhouses II 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).

Sharswood Townhouses II is an apartment community containing 60 rental units. This property serves all family types. The property contains 136 bedrooms and based on typical apartment occupancy limits, Sharswood Townhouses II is home to not more than 272 persons when fully occupied.

Rental Subsidies

This property does not provide any Federal rent subsidies to renters reducing total tenant payments to 30% of their adjusted income. Renters are required to pay the full rent, even if it is in excess of 30% of their income. In some cases the property may accept Section 8 Housing Choice vouchers.

Unit Mix

Sharswood Townhouses II contains a mix of 60 assisted two and three bedroom apartments for rent. There are 44 Two Bedroom and 16 Three Bedroom apartments in this property. The unit mix is 73% Two Bedroom and 27% Three Bedroom apartment rentals. The average bedroom size for Sharswood Townhouses II is 2.27.

Pennsylvania's 2nd

Congressional District

60

Total Units

59

Tax Credit Units

59

HOME Units

Two and Three

Unit Mix

2.27

Average Bedroom Size

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