The Lofts At 2601 is an old train station that was renovated from top to bottom in 2017. Offering 56 units: 14-1 bedrooms, 16 Efficiency, and 26 SRO’s. They are located in north Philadelphia one block from the Broad street line and a few blocks from center city. All residents are offered supportive services, including case management, service linkage, and workshops designed to promote stability, positive functioning, and independence. Also offering a community food pantry and a computer lab for everyone to share.
In addition to private living space, the Lofts at 2601 offer communal kitchens, dining areas, meditation rooms, a computer lab, and resource rooms, which have been created to facilitate a stronger sense of community amongst residents. A full food pantry is also available on-site to residents. All 56 units of housing have a preference for homeless individuals with 14 units set aside for Department of Behavioral Health clients referred from the City of Philadelphia.
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Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
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.
The Lofts at 2601 is managed by Volunteers of America.