Park View at Cheltenham

990 Ashbourne Rd, Abington, Pennsylvania 19027

Park View at Cheltenham, located at 990 Ashbourne Rd in Abington, has one and two bedroom apartments. Park View at Cheltenham participates in the Low-Income Housing Tax Credit (LIHTC) program.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 613 Call for Price
Two Bedroom (2/1) 832 Call for Price

Park View at Cheltenham Details

  • 75 one and two bedroom units.
  • Senior (62+)
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Controlled Access
  • Elevator
  • Fitness Center
  • Community Room
  • Library
  • 24hr Emergency Maintenance
  • On-Site Management
  • Emergency Pull Cord
  • Off Street Parking
  • Landscaping
  • Beauty/ Barber Salon
  • Computer Room
  • Smoke Free
  • High Speed Internet Access
  • Laundry Facility
  • Resident Lounge
  • Wheel Chair Accessible

Unit Amenities

  • Dishwasher
  • Garbage Disposal
  • Cable Ready
  • Window Coverings
  • Carpet
  • Refrigerator
  • Trash Chutes
  • Large Closets
  • Individual heating and cooling systems

Office Hours

Day Hours
Monday 10:00am-3:00pm
Tuesday 10:00am-3:00pm
Wednesday 10:00am-3:00pm
Thursday 10:00am-3:00pm
Friday 10:00am-3:00pm

About Park View at Cheltenham

COMMUNITY - Robust and diverse activity schedules with opportunities for entertainment, education and socializing with neighbors

AFFORDABILITY - Enjoy the highest-quality apartment home, amenities and services at a price that won't break the bank

AMENITIES - Extra touches include a beautifully landscaped courtyard and patio, walking path, media room and fitness center

COMFORT - Relax in your bright, spacious apartment home or enjoy a cup of tea in the beautifully appointed community room

CONVENIENCE - 24-hour emergency maintenance and easy accessibility to the local bus service, senior center, shopping mall, houses of worship, library and parks

LOCATION - Park View at Cheltenham serves Elkins Park, Jenkintown, Cheltenham, Wyncote, Glenside, Abington, Philadelphia and the surrounding areas

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Abington Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Abington but actual income limits may differ for units at Park View at Cheltenham.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $23,450 $26,800 $30,150 $33,500 $36,200 $38,900 $41,550 $44,250
Low Income (60%) $28,140 $32,160 $36,180 $40,200 $43,440 $46,680 $49,860 $53,100

Park View at Cheltenham was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Park View at Cheltenham is managed by R Home Property Management, LLC.

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