Last updated on April 13th, 2018
The Willows at Cecil B Moore is comprised of 11 renovated brick buildings along the 1600 block of North 16th Street off Cecil B Moore Ave. The community features a variety of spacious floorplans with upgraded gourmet kitchens, new flooring, over-sized windows, large closets, and semi-private entryways. Additionally, the community offers on-site management, access to courtyard with bike storage (select units), street parking, laundry facilities, is pet friendly and has 24/7 maintenance. Located 2 blocks from Broad St, these affordable, well-appointed apartments are convenient to shopping, dining and & entertainment and just steps from public transit and Temple University. *NOTE: This is an affordable housing community and income restrictions apply in accordance with HUD income limits for Philadelphia, PA. Income maximums and minimum apply based on unity type and household size. Ask manage for details.
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 The Willows at Cecil B. Moore.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$31,550||$36,050||$40,550||$45,050||$48,700||$52,300||$55,900||$59,500|
|Low Income (60%)||$37,860||$43,260||$48,660||$54,060||$58,440||$62,760||$67,080||$71,400|
The Willows at Cecil B. Moore was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.
Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.
The Willows at Cecil B. Moore is managed by Ingerman Property Management.