Foulkrod Apartments offers residents affordable apartment living in the Frankford section of Philadelphia, PA; just minutes from public transit, shopping, dining and entertainment. Recently renovated apartments include modern kitchens with breakfast bars, spacious floorplans, wall-to-wall carpet, walk-in closets and tile bathrooms. The community features on-site management and maintenance, lot & garaged parking, laundry facilities and is pet-friendly. Foulkrod Apartments combines quality, value, and convenience.
Last updated on April 9th, 2018
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.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Philadelphia but actual income limits may differ for units at Foulkrod Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$36,900||$42,200||$47,450||$52,700||$56,950||$61,150||$65,350||$69,600|
|Low Income (60%)||$44,280||$50,640||$56,940||$63,240||$68,340||$73,380||$78,420||$83,520|
Foulkrod Apartments is managed by Ingerman Property Management.