2855 Janney St, Philadelphia, PA 19134
Waiting List Forecast: Likely Short or None
Verified for 2024 by Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | 670 Sq Ft |
This property is currently under construction.
Opening in Summer 2024, Janney Apartments is in the diverse and conveniently-located Philadelphia neighborhood of Port Richmond. This new construction will provide affordable housing for seniors aged 62 years and older offering 1-bedroom apartments with modern finishes, accessible features, and a beautiful courtyard for residents to enjoy.
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 Janney 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) | 670ft2 | Call for Price† |
| 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.
Does Janney Apartments have a waiting list?
Janney 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 Janney 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 Janney Apartments?
Janney Apartments is managed by HumanGood headquartered in Duarte, Califorinia.
In addition to Janney Apartments, how many other affordable housing properties (and units) are there in Philadelphia?
In addition to Janney Apartments, 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 Janney Apartments listing last updated?
Janney Apartments listing on Affordable Housing Online was last updated on 06/06/2024 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
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Looking for landlords who will take a Section 8 voucher?
Ask your housing authority if they have a list of landlords who accept Section 8 Housing Choice Vouchers.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!"