724 Kelly Ave., Wilkinsburg, PA 15221
Waiting List Forecast: Likely Short or None
Verified for 2024 by Connor Bailey, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 Bath | - |
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.
Falconhurst is a multi-family Tax Credit scattered Community. They have 6 buildings that make of Falconhurst all located in Wilkinsburg. They offer 1, 2 and 3 bedrooms.
Because Falconhurst Restoration 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 |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| Three Bedroom (3/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $35,150 / year | $40,200 / year | $45,200 / year | $50,200 / year | $54,250 / year | $58,250 / year |
| 50% AMI for PBRA Units | $35,150 / year | $40,200 / year | $45,200 / year | $50,200 / year | $54,250 / year | $58,250 / year |
| 60% AMI for LIHTC Units | $42,180 / year | $48,240 / year | $54,240 / year | $60,240 / year | $65,100 / year | $69,900 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Falconhurst Restoration have a waiting list?
Falconhurst Restoration 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 Falconhurst Restoration?
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 Falconhurst Restoration?
Falconhurst Restoration is managed by NDC Asset Management headquartered in Lake Charles , Louisiana.
In addition to Falconhurst Restoration, how many other affordable housing properties (and units) are there in Wilkinsburg?
In addition to Falconhurst Restoration, we list 10 other affordable properties in Wilkinsburg. Learn about these properties here. Our data research shows that there are a total of 215 affordable units in Wilkinsburg.
When was the Falconhurst Restoration listing last updated?
Falconhurst Restoration listing on Affordable Housing Online was last updated on 05/01/2024 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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