2415 North Broad Street, Philadelphia, PA 19132
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio Bed | 1 Bath | 563 Sq Ft |
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.
Ruth Williams House at the Gene & Marlene Epstein Building provides 88 units of affordable housing to men and women who are homeless, formerly homeless, or at risk of becoming homeless—including young adults. Residents of the supportive housing apartments at Ruth Williams House are linked to medical and behavioral health services and substance use treatment and recovery services, as needed. All residents are eligible to receive employment and education services through Project HOME’s Workforce Solutions program.
The residence further expands our Young Adult Program, adding 20 apartments for young adults aged 18 to 23 at entry who have aged out of foster care and who are experiencing homelessness, have in the past, or are at risk of homelessness. The program is a key component of our initiative to end and prevent homelessness, with research showing that vulnerable young adults are one of the largest and fastest-growing groups of homeless individuals.
Program Eligibility:
Nine fully-furnished efficiency apartments
AFFORDABLE HOUSING
79 efficiency apartments (20 designated for young adults)
Because Ruth Williams House 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 |
|---|---|---|
| Studio (Studio/1) | 563ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $23,450 / year | $26,800 / year | $30,150 / year | $33,500 / year | $36,200 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $39,100 / year | $44,650 / year | $50,250 / year | $55,800 / year | $60,300 / year | $64,750 / year | $69,200 / year | $73,700 / year |
| 50% AMI for PBRA Units | $39,100 / year | $44,650 / year | $50,250 / year | $55,800 / year | $60,300 / year | $64,750 / year | $69,200 / year | $73,700 / year |
| 60% AMI for LIHTC Units | $46,920 / year | $53,580 / year | $60,300 / year | $66,960 / year | $72,360 / year | $77,700 / year | $83,040 / year | $88,440 / year |
| 80% AMI for PBRA Units | $62,500 / year | $71,400 / year | $80,350 / year | $89,250 / year | $96,400 / year | $103,550 / year | $110,700 / year | $117,850 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Ruth Williams House have a waiting list?
Ruth Williams House 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 Ruth Williams House?
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 Ruth Williams House?
Ruth Williams House is managed by Project HOME headquartered in Philadelphia, Pennsylvania.
In addition to Ruth Williams House, how many other affordable housing properties (and units) are there in Philadelphia?
In addition to Ruth Williams House, 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 Ruth Williams House listing last updated?
Ruth Williams House listing on Affordable Housing Online was last updated on 06/16/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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