120 South 6th St, Reading, PA 19602
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Lorena BentleyRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 Bed | 1 Bath | - |
Since this property may have HUD-funded Public Housing with subsidies that help pay tenants' rent, the property is likely to have a long waiting list. Housing authorities often open these waiting lists periodically. Important: Housing authorities don't always open housing waiting lists at a property-specific level or even allow applicants to choose at which property they can live. Many times, the housing authority will assign an applicant to a property without giving the applicant a choice.
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.
Franklin Tower is a 48-unit mixed-occupancy, high-rise public housing development that is owned and managed by Reading Housing Authority (RHA), and reserved for families in which the Head of Household is age 62 or older, or a person with a disability. The property offers efficiency (0) and 1-bedroom apartments. Apartments are modern, and include a stove and refrigerator. Residents are permitted to have their own air conditioners installed by RHA for an initial and ongoing fee.
This highrise is centrally located in the center of the City of Reading, which allows for immediate access to public transportation, healthcare and recreation. In the first-floor community space, residents enjoy access to a big-screen TV, library, community activities hosted by local agencies and the RHA Wellness Program. Many Franklin Tower residents receive assistance with a range of health, education, social and economic opportunities from the RHA Department of Resident Services in order to maintain optimal independence and self-sufficiency.
Residents’ rent is typically equal to 30% of the household’s adjusted annual income, and includes water, sewer, trash, and utilities. The property offers on-site laundry facilities and enhanced security features. Small pets are permitted in accordance with the RHA Pet Policy.
Parking is available on adjacent City of Reading streets and on a limited, assigned basis in a small parking area. It is important to note that parking is not a fundamental service of the RHA public housing program. Parking lots are patrolled by an outside contractor.
Franklin Tower has 2 units that are fully equipped for persons with disabilities, in accordance with the Uniform Federal Accessibility Standards. All units are accessible by elevator, permitting access to persons with mobility issues. Reading Housing Authority is committed to ensuring equal access to persons with disabilities, and as such, will consider modifications to its properties under the Reasonable Accommodation Policy.
This property is funded through HUD’s Public Housing program. These properties are typically owned and managed by a Public Housing Authority. These properties tend to be much older, as no new public housing has been built in many years. Since the Federal budget has historically (and notoriously) underfunded public housing renovations for decades, these properties tend to have higher vacancies due to uninhabitable units or liveable units that are in poor condition. In addition, since all public housing properties offer rent subsidies, low-income residents only pay rent based on their incomes. For that reason, these properties tend to have longer waiting lists. Check our public housing waiting list data for more information. Since Franklin Tower participates in the Public Housing program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom One Bath (1/1) | - | 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 | $20,050 / year | $22,900 / year | $25,750 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
50% AMI for LIHTC Units | $33,400 / year | $38,150 / year | $42,900 / year | $47,650 / year | $51,500 / year | $55,300 / year | $59,100 / year | $62,900 / year |
50% AMI for PBRA Units | $33,400 / year | $38,150 / year | $42,900 / year | $47,650 / year | $51,500 / year | $55,300 / year | $59,100 / year | $62,900 / year |
80% AMI for PBRA Units | $53,400 / year | $61,000 / year | $68,650 / year | $76,250 / year | $82,350 / year | $88,450 / year | $94,550 / year | $100,650 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Franklin Tower have a waiting list?
Franklin Tower probably has a waiting list. Since our research has shown there are some public housing units at this property, the waiting list would be for those units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Franklin Tower?
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.
In addition to Franklin Tower, how many other affordable housing properties (and units) are there in Reading?
In addition to Franklin Tower, we list 39 other affordable properties in Reading. Learn about these properties here. Our data research shows that there are a total of 5189 affordable units in Reading.
Preferences are not a requirement.
You should still consider applying to waiting lists with preferences you don't qualify for. There is still a chance to get housing.Vickie Fields-Byrd says:
"Affordable Housing Online is an important source for people who have trouble finding information. Thank you so much for keeping your eyes and ears open for all of us!"