Grundy Gardens I & II

430 S Olds Blvd, Fairless Hills, Pennsylvania 19030

Grundy Gardens I & II, located at 430 S Olds Blvd in Fairless Hills, has one and two bedroom apartments. Grundy Gardens I & II participates in the Public Housing and Low-Income Housing Tax Credit (LIHTC) programs.

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price

Grundy Gardens I & II Details

  • 130 one and two bedroom units.
  • Senior (62+)

Property Amenities

  • Elevator
  • On-Site Parking
  • On-site Laundry

Unit Amenities

  • Handicapped Accessible
  • Refrigerator
  • Sewer Included
  • Water Included

Nearby Amenities

  • Close to Public Transportation

About Grundy Gardens I & II

130 units on six stories (124 one-bedrooms and 6 two-bedrooms)

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.

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.

Fairless Hills HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Fairless Hills but actual income limits may differ for units at Grundy Gardens I & II.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $18,950 $21,650 $24,350 $27,050 $30,170 $34,590 $39,010 $43,430
50% $31,550 $36,050 $40,550 $45,050 $48,700 $52,300 $55,900 $59,500
80% $50,500 $57,700 $64,900 $72,100 $77,900 $83,650 $89,450 $95,200

These general income qualifications for Fairless Hills, Pennsylvania should only be used as a basic guide. To find out if you qualify, contact the community directly.

You can usually make up to 80% of the Area Median Income (AMI) to be eligible for a HUD-Assisted Housing unit, but income qualification tiers for this community may be different due to various policies.

Grundy Gardens I & II receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing. Market rate units would have no subsidies or income restrictions.

Grundy Gardens I & II is managed by Bucks County Housing Authority.