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Montgomery Park Senior Housing Phase 1

1301 Powell Street, Norristown, Pennsylvania 19401

Montgomery Park Senior Housing Phase I is for those 62 and older in low and moderate-income households, offering one bedroom units located in the town of Norristown, PA.

Units

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

Montgomery Park Senior Housing Phase 1 Details

  • 50 one bedroom units.
  • Senior (62+)

Property Amenities

  • Community Room
  • Laundry Room
  • On-Site Parking

Unit Amenities

  • Energy Efficient Appliances

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.

Montgomery Park Senior Housing Phase 1 is managed by Altman Management Company.

Image of Montgomery Park Senior Housing Phase 1
Image of Montgomery Park Senior Housing Phase 1