566 Springville Rd, New Holland, PA 17557
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $286 - 831 per Month† | 1 - 2 Beds | 1 Bath | - |
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.
Property Information
Number of Units: 36
Occupancy: Senior 62+
Rent Type(s): Income Limits Apply,Section 8 Vouchers Accepted,
Additional Information:
Accepting Applications for Waiting List
1 Bedroom Apartments from $286 – $730 per month*
2 Bedroom Apartments from $343 – $831 per month*
Rent includes electric, heat, water, sewer and trash removal
*Minimum and maximum income guidelines apply
Because Mountain View Terrace participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, 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) | - | $286 $730† |
| Two Bedroom (2/1) | - | $343 $831† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $33,450 / year | $38,200 / year | $43,000 / year | $47,750 / year |
| 50% AMI for PBRA Units | $33,450 / year | $38,200 / year | $43,000 / year | $47,750 / year |
| 60% AMI for LIHTC Units | $40,140 / year | $45,840 / year | $51,600 / year | $57,300 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Mountain View Terrace have a waiting list?
Mountain View Terrace 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 Mountain View Terrace?
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 Mountain View Terrace?
Mountain View Terrace is managed by Housing Development Corporation MidAtlantic (HDC MidAtlantic) headquartered in Lancaster, Pennsylvania.
In addition to Mountain View Terrace, how many other affordable housing properties (and units) are there in Lancaster County?
In addition to Mountain View Terrace, we list 37 other affordable properties in Lancaster County. Learn about these properties here. Our data research shows that there are a total of 1825 affordable units in Lancaster County.
When was the Mountain View Terrace listing last updated?
Mountain View Terrace listing on Affordable Housing Online was last updated on 01/02/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
Do you have little or no income?
You can qualify for most rental assistance programs, including Section 8 and Public Housing, even if you have little or no income.Lela Mima says:
"I love that this website lets you know where Section 8 will be open, and you have choices to pick where to apply. Thank you Affordable Housing Online!"