36 E Moreland Ave, Hatboro, PA 19040
Waiting List Forecast: Likely Long or Closed
Verified for 2021 by Colleen Carter, Ric GresiaRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | Studio - 1 Bed | 1 Bath | 357 - 462 Sq Ft |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
Moreland Towers Apartments offers spacious studio and 1 bedroom homes for persons 62 and over and handicapped/disabled. Their 138 apartments are located just minutes from Willow Grove Mall. Each apartment home is furnished with full size cabinets, range, and refrigerator. Their residents are showered with support from the community and our friendly staff from the moment they move in. Moreland Towers is truly a place to call home!
Pet Policy: Cats and Dogs are welcome.
Max Number of Pets: 2 ;Max Weight of Pets: 25
Pet Deposit Max: $300
Pet Policy: 300.00 deposit payable 50 per month until paid.
This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means Moreland Towers is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | 357ft2 | Rent is Based On Your Income† |
1 Bedroom (1/1) | 462ft2 | Rent is Based On Your Income† |
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 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 | $50,560 / 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 | $73,700 / 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 | $73,700 / 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 | $117,850 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Moreland Towers have a waiting list?
Moreland Towers probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Moreland Towers?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Moreland Towers?
Moreland Towers is managed by The Michaels Organization headquartered in Camden, NJ.
In addition to Moreland Towers, how many other affordable housing properties (and units) are there in Montgomery County?
In addition to Moreland Towers, we list 127 other affordable properties in Montgomery County. Learn about these properties here. Our data research shows that there are a total of 3359 affordable units in Montgomery County.
More people usually means more waiting lists.
Areas with the highest populations tend to have the most amount of waiting list opportunities.Mary Estrada says:
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