160 Silknitter Dr, Coatesville, PA 19320
Waiting List Forecast: Likely Short or None
Verified for 2024 by Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,175 - 1,649 per Month† | 1 - 3 Beds | 1 - 2 Baths | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
The Willows at Valley Run is an affordable community offering 1-bedroom, 2-bedroom, and 3-bedroom apartment homes. Each unit features a fully-equipped kitchen with tile backsplash, islands or breakfast bars, plank flooring, large windows, in-unit washer/dryer, and a private patio or balcony. Property amenities include a resident lounge, fitness center, playground, and 24/7 maintenance. Located conveniently off Route-30 in Caln Township, the community is in the heart of a thriving retail corridor with numerous shopping centers, dining options, medical facilities, and recreation destinations within a few short miles. Commuters also have easy access to the nearby SEPTA Thorndale rail station a mile away and a number of major thoroughfares.
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 The Willows at Valley Run 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 (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | 1000ft2 | $1,175 $1,433† |
| Three Bedroom (3/2) | - | $1,351 $1,649† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people |
|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $23,450 / year | $26,800 / year | $30,150 / year | $33,500 / year | $36,200 / year | $40,280 / year | $45,420 / year |
| 50% AMI for LIHTC Units | $39,100 / year | $44,650 / year | $50,250 / year | $55,800 / year | $60,300 / year | $64,750 / year | $69,200 / year |
| 50% AMI for PBRA Units | $39,100 / year | $44,650 / year | $50,250 / year | $55,800 / year | $60,300 / year | $64,750 / year | $69,200 / year |
| 60% AMI for LIHTC Units | $46,920 / year | $53,580 / year | $60,300 / year | $66,960 / year | $72,360 / year | $77,700 / year | $83,040 / year |
| 80% AMI for PBRA Units | $62,500 / year | $71,400 / year | $80,350 / year | $89,250 / year | $96,400 / year | $103,550 / year | $110,700 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Willows at Valley Run have a waiting list?
The Willows at Valley Run 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 The Willows at Valley Run?
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 The Willows at Valley Run?
The Willows at Valley Run is managed by Ingerman Property Management headquartered in Collingswood, New Jersey.
In addition to The Willows at Valley Run, how many other affordable housing properties (and units) are there in Coatesville?
In addition to The Willows at Valley Run, we list 31 other affordable properties in Coatesville. Learn about these properties here. Our data research shows that there are a total of 645 affordable units in Coatesville.
When was the The Willows at Valley Run listing last updated?
The Willows at Valley Run listing on Affordable Housing Online was last updated on 06/03/2024 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
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