1029 Weiser Street, Reading, PA 19601
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 1 - 2 Baths | - |
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.
Located in the North Riverside neighborhood on Weiser Street, this beautiful, new community includes a total of 46 two and three bedroom townhomes in a 3-story interlocking townhome design featuring brick and siding exteriors. Each home features an individual entrance, spacious living area, dining area, fully equipped kitchen, state of the art geothermal heating and cooling system and most units have individual garage parking. An abundance of interior closet storage space has been carefully designed. The community center houses our on-site management offices, a meeting room, kitchen and a computer lab with internet service. Designed with your family's needs in mind, Homes at Riverside is the ultimate in urban affordable housing.
Because Homes at Riverside 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. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom (2/1) | - | Call for Price† |
| Three Bedroom (3/2) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $33,400 / year | $38,150 / year | $42,900 / year | $47,650 / year | $51,500 / year | $55,300 / year |
| 50% AMI for PBRA Units | $33,400 / year | $38,150 / year | $42,900 / year | $47,650 / year | $51,500 / year | $55,300 / year |
| 60% AMI for LIHTC Units | $40,080 / year | $45,780 / year | $51,480 / year | $57,180 / year | $61,800 / year | $66,360 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Homes at Riverside have a waiting list?
Homes at Riverside 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 Homes at Riverside?
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 Homes at Riverside?
Homes at Riverside is managed by Fairville Management Company headquartered in Hockessin , Delaware.
In addition to Homes at Riverside, how many other affordable housing properties (and units) are there in Reading?
In addition to Homes at Riverside, 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.
When was the Homes at Riverside listing last updated?
Homes at Riverside listing on Affordable Housing Online was last updated on 06/06/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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