52 Garetta St, Pittsburgh, PA 15217
Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units
Verified for 2023 by Connor Bailey, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 400 - 800 Sq Ft |
This property is currently under construction.
May 2019 broke ground for renovation construction.
https://www.jaapgh.org/news/fri-06212019-849am-jaa-riverview-break-ground-new-riverview
A supportive and stimulating senior community where you can live comfortably, maintain your independence, and enjoy life to the fullest. Riverview’s two buildings sit on more than three acres of manicured grounds, with 191 soon-to-be renovated one- and two-bedroom apartments for all income levels.
The renovation reduces the number of units from 221 to 191 of which 151 will be affordable for residents whose income is 60% or less than the area median income. The remaining 40 will be lower-cost, market-rate units. A total of 42 units will be fully accessible.
-Professional staff and upgraded facilities ensure easy living in a warm and friendly environment.
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. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since The New Riverview has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a longer waiting list.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 400ft2 | Call for Price† |
| Two Bedroom (2/1) | 800ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $21,100 / year | $24,100 / year | $27,100 / year | $30,100 / year |
| 50% AMI for LIHTC Units | $35,150 / year | $40,200 / year | $45,200 / year | $50,200 / year |
| 50% AMI for PBRA Units | $35,150 / year | $40,200 / year | $45,200 / year | $50,200 / year |
| 60% AMI for LIHTC Units | $42,180 / year | $48,240 / year | $54,240 / year | $60,240 / year |
| 80% AMI for PBRA Units | $56,250 / year | $64,250 / year | $72,300 / year | $80,300 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The New Riverview have a waiting list?
The New Riverview probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at The New Riverview?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges The New Riverview?
The New Riverview is managed by Presbyterian Senior Living headquartered in Dillsburg, PA.
In addition to The New Riverview, how many other affordable housing properties (and units) are there in Pittsburgh?
In addition to The New Riverview, we list 277 other affordable properties in Pittsburgh. Learn about these properties here. Our data research shows that there are a total of 16557 affordable units in Pittsburgh.
When was the The New Riverview listing last updated?
The New Riverview listing on Affordable Housing Online was last updated on 06/27/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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