Coopersburg II Apartments, located at 401 E State St in Coopersburg, has one bedroom apartments. Coopersburg II Apartments participates in the Low-Income Housing Tax Credit (LIHTC) program.
|1 Bedroom (1/1)||-||From $618 To $663|
Coopersburg II Apartments are located at 401 E State Street in the Borough of Coopersburg, Lehigh County.
Coopersburg II is a 3-Story building of 40 One-Bedroom apartments for persons over 55. Each apartment has a Living Room/Dining Area, Kitchen, Bedroom, and Bathroom. There is a coin-operated Laundry Room Located on the 1st Floor. There is Off-Street Parking for tenants and visitors. The building entry system works with the tenants' telephone. There is also 2 community rooms, one on the 1st floor and one on the 2nd floor with sitting areas located on each floor. There is an elevator to all floors.
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.
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 Coopersburg but actual income limits may differ for units at Coopersburg II Apartments.
|AMI Band||1 Person||2 Person|
|Very Low Income (50%)||$27,450||$31,400|
|Low Income (60%)||$32,940||$37,680|
Coopersburg II Apartments 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.
Coopersburg II Apartments is managed by Valley Housing Development Corporation.