Father Augustus Tolton Place

2604 Island Ave, Philadelphia, PA 19153

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Colleen Carter

Rent	Beds	Baths	SqFt
Call for Rents^†	1 Bed	1 Bath	-

This property is currently under construction.

Once completed, Tolton Place will offer affordable housing for seniors age 62 and older.

Dave's Thoughts On Father Augustus Tolton Place

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 Father Augustus Tolton Place 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

Father Augustus Tolton Place Amenities

Community Room
On-Site Social Services
Laundry Facilities

Units at Father Augustus Tolton Place

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

Income Qualification for Father Augustus Tolton Place

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people
50% AMI for LIHTC Units	$39,100 / year	$44,650 / year
50% AMI for PBRA Units	$39,100 / year	$44,650 / year
60% AMI for LIHTC Units	$46,920 / year	$53,580 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Father Augustus Tolton Place

Does Father Augustus Tolton Place have a waiting list?

Father Augustus Tolton Place 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 Father Augustus Tolton Place?

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 Father Augustus Tolton Place?

Father Augustus Tolton Place is managed by CRM Residential headquartered in Pleasantville, New Jersey.

In addition to Father Augustus Tolton Place, how many other affordable housing properties (and units) are there in Philadelphia?

In addition to Father Augustus Tolton Place, we list 785 other affordable properties in Philadelphia. Learn about these properties here. Our data research shows that there are a total of 36088 affordable units in Philadelphia.

When was the Father Augustus Tolton Place listing last updated?

Father Augustus Tolton Place listing on Affordable Housing Online was last updated on 06/05/2024 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Father Augustus Tolton Place