East South Street, Chambersburg, PA 17201
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $590 - 787 per Month† | 1 - 2 Beds | 1 Bath | - |
This property is currently under construction.
On April 26, 2019 we broke ground on Parkview Corner, Applications will be accepted in 2020.
http://www.valleyhousing.net/parkview
Parkview Corner, 40 affordable rental apartments for seniors aged 62 and older in the Chambersburg Borough, Franklin County.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Parkview Corner does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom One Bath (1/1) | - | $590 $645† |
| Two Bedroom One Bath (2/1) | - | $708 $787† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $30,850 / year | $35,250 / year | $39,650 / year | $44,050 / year |
| 50% AMI for PBRA Units | $30,850 / year | $35,250 / year | $39,650 / year | $44,050 / year |
| 60% AMI for LIHTC Units | $37,020 / year | $42,300 / year | $47,580 / year | $52,860 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Parkview Corner have a waiting list?
Parkview Corner probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Parkview Corner?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Parkview Corner?
Parkview Corner is managed by Luminest Community Development headquartered in Chambersburg, PA.
In addition to Parkview Corner, how many other affordable housing properties (and units) are there in Chambersburg?
In addition to Parkview Corner, we list 25 other affordable properties in Chambersburg. Learn about these properties here. Our data research shows that there are a total of 880 affordable units in Chambersburg.
When was the Parkview Corner listing last updated?
Parkview Corner listing on Affordable Housing Online was last updated on 06/27/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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