Spring Garden Towers
1818 Spring Garden St.
Philadelphia, Philadelphia County, Pennsylvania 19130

Call (855) 598-3283, enter extension 34087, then hit #.

Request an Application

About The Property:

Beautiful affordable housing senior community for 62 years or older or disabled. Located near art museum, shopping, park, senior center, library and bus line. On site laundry facility, community room, and management office. Many activities throughout the month. Please contact site manager for more details.

Unit Information

Unit Bed/Bath Rent
One Bedroom 1/1 $

Property Amenities

  • Elevator
  • Community Room
  • Laundry Room
  • 24hr Emergency Maintenance
  • Urban Area
  • Emergency Pull Cord

Unit Amenities

  • Air Conditioning
  • All Appliances included
  • Cable Ready
  • Window Coverings
  • Carpet

Nearby Amenities

  • Close to Business District
  • Close to Dining
  • Close to Downtown District
  • Close to Public Transportation
  • Close to Shopping

Managed By Interstate Realty Management

Funding Programs

Spring Garden Towers 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

Spring Garden Towers has a project-based Section 8 contract. 208 of the 209 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 February 21, 2013 and the contract expires on February 20, 2018. The Section 8 contract rent is 136.4% of the Fair Market Rent for the area. According to the HUD Multifamily database, the fair market rents for the area are $1,003.00 for One 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

Spring Garden Towers 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).

Spring Garden Towers is an apartment community containing 208 rental units. The property contains 208 bedrooms and based on typical apartment occupancy limits, Spring Garden Towers is home to not more than 312 persons when fully occupied.

Rent Subsidies

Spring Garden Towers 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

Spring Garden Towers contains a mix of 208 assisted one bedroom apartments for rent. There are 208 One Bedroom apartments in this property. The unit mix is 100% One Bedroom apartment rentals. The average bedroom size for Spring Garden Towers is 1.

Pennsylvania's 2nd

Congressional District

208

Total Units

208

Project Based Sec. 8 Units

136.4

% of Fair Market Rent

20-Feb-18

Project Based Sec. 8 Contract Expiration

One

Unit Mix

1

Average Bedroom Size

Find More in Philadelphia

Search Nearby Affordable Housing

Find More in Philadelphia County

Search Nearby Affordable Housing

Find More in Pennsylvania

Search Nearby Affordable Housing

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