924 W Walnut St, Lancaster, PA 17603
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey, Lorena Bentley, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 673 - 890 Sq Ft |
This property is currently under construction.
Broke ground on May 2019.
LongCrest is scheduled to open in the spring of 2020.
LongCrest Apartments offers affordable 1-bedroom and 2-bedroom apartment homes for low-income seniors ages 62 and older. Each unit includes a fully-equipped kitchen, individually controlled heating/air conditioning, spacious closets, emergency pull cords, and walk-in showers. Property amenities include a large community room, fitness room, two (2) libraries, meeting rooms, resident storage, resident service coordinator, and on-site laundry facilities.
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 LongCrest Apartments 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) | 673ft2 | Call for Price† |
| Two Bedroom (2/1) | 890ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $35,150 / year | $40,200 / year | $45,200 / year | $50,200 / year |
| 50% AMI for PBRA Units | $35,150 / year | $40,200 / year | $45,200 / year | $50,200 / year |
| 60% AMI for LIHTC Units | $42,180 / year | $48,240 / year | $54,240 / year | $60,240 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does LongCrest Apartments have a waiting list?
LongCrest Apartments 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 LongCrest Apartments?
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 LongCrest Apartments?
LongCrest Apartments is managed by Presbyterian Senior Living headquartered in Dillsburg, PA.
In addition to LongCrest Apartments, how many other affordable housing properties (and units) are there in Lancaster?
In addition to LongCrest Apartments, we list 35 other affordable properties in Lancaster. Learn about these properties here. Our data research shows that there are a total of 2574 affordable units in Lancaster.
When was the LongCrest Apartments listing last updated?
LongCrest Apartments listing on Affordable Housing Online was last updated on 05/02/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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Have documentation ready that shows you qualify for a waiting list's preferences.Margaret L. Bost says:
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