Hotel Jermyn Apartments

326 Biden St , Scranton, PA 18503

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Jenni Parrinello, Connor Bailey
Rent Beds Baths SqFt
$828 - 1,046 per Month Studio - 2 Beds 1 Bath -
check_circle  Near Elderly (55+)
check_circle  Persons With Disabilities
check_circle  Project-Based Rental Assistance

Waitlist Forecast

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.

Affordable Housing for 55+ OR permantly disabled

Affordable Housing for 55 and older OR permanently disabled in a beautiful historic high rise apartment building in the center of downtown Scranton, PA. Apartments are located near mall, bus lines, stores, restaurants, doctors and supermarket. Building has an elevator, laundry & trash room on each floor, incoming and outgoing mailboxes and a community room. Every apartment has hard wired smoke detectors and sprinkler system.

Dave's Thoughts On Hotel Jermyn Apartments

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. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Hotel Jermyn Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, 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 have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Hotel Jermyn Apartments Amenities

  • Elevator
  • Community Room
  • On-Site Manager
  • Handicapped Accessible
  • Security System
  • Refrigerator
  • On-Site Recycling
  • On-Site Maintenance
  • Central Heat & Air
  • Stove
  • Laundry Facilities
  • Accessible Apartments
  • Fire Sprinklers and Monitored Alarms
  • High Ceilings
  • Wheel Chair Accessible

Units at Hotel Jermyn Apartments

Unit (Bd/Ba) Ft2 Rent
studio (Studio/1) - $828
1 Bedroom (1/1) - $874
2 Bedroom (2/1) - $1,046

Income Qualification for Hotel Jermyn Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people
50% AMI for LIHTC Units $27,450 / year $31,400 / year $35,300 / year $39,200 / year
50% AMI for PBRA Units $27,450 / year $31,400 / year $35,300 / year $39,200 / year
60% AMI for LIHTC Units $32,940 / year $37,680 / year $42,360 / year $47,040 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Hotel Jermyn Apartments

Does Hotel Jermyn Apartments have a waiting list?

Hotel Jermyn Apartments 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 Hotel Jermyn Apartments?

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 Hotel Jermyn Apartments?

Hotel Jermyn Apartments is managed by

In addition to Hotel Jermyn Apartments, how many other affordable housing properties (and units) are there in Scranton?

In addition to Hotel Jermyn Apartments, we list 51 other affordable properties in Scranton. Learn about these properties here. Our data research shows that there are a total of 3229 affordable units in Scranton.

When was the Hotel Jermyn Apartments listing last updated?

Hotel Jermyn Apartments listing on Affordable Housing Online was last updated on 09/15/2023 by Jenni Parrinello. Remember, a property's status can change so you should contact the property to confirm.

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bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Finch Towers Associates

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bed 1
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Keystone Place

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switch_access_shortcut Short Wait

Delaware Tower Apartments

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Scranton Square

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bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Saint Catherine Manor Apartments

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switch_access_shortcut Short Wait
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.