184 N Franklin St, Cochranton, PA 16314
Waiting List Forecast: Likely Short or None
Verified for 2024 by Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 640 - 970 Sq Ft |
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.
Located in Cochranton, PA, Adams Place offers 1-bedroom and 2-bedroom apartment homes for seniors 62 and older. Each unit is prewired for cable & phone and features quartz countertops, stainless steel appliances, washer/dryer in unit, hardwood-style plank flooring, and a voice/video access control system.Property amenities include a fireside community center with kitchen, innovation center, fitness center, library, greenhouse, pet washing station, and on-call maintenance services. The community is located next to the Cochranton Community Services Complex and conveniently located near many different shopping and dining options.
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 Adams Place 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) | 640ft2 | Call for Price† |
| Two Bedroom (2/1) | 970ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $27,050 / year | $30,900 / year | $34,750 / year | $38,600 / year |
| 50% AMI for PBRA Units | $27,050 / year | $30,900 / year | $34,750 / year | $38,600 / year |
| 60% AMI for LIHTC Units | $32,460 / year | $37,080 / year | $41,700 / year | $46,320 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Adams Place have a waiting list?
Adams Place 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 Adams Place?
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 Adams Place?
Adams Place is managed by NDC Asset Management headquartered in Lake Charles , Louisiana.
In addition to Adams Place, how many other affordable housing properties (and units) are there in Crawford County?
In addition to Adams Place, we list 44 other affordable properties in Crawford County. Learn about these properties here. Our data research shows that there are a total of 1706 affordable units in Crawford County.
When was the Adams Place listing last updated?
Adams Place listing on Affordable Housing Online was last updated on 05/13/2024 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
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