Bensalem Veterans Residences

3500 Mechanicsville Rd., Bensalem, Pennsylvania 19020

Contact Bensalem Veterans Residences

Bensalem Veterans Residences is a brand new rental community for seniors and veterans 62 and older located in Bensalem, PA. The development features 40 high-quality, one-bedroom apartment homes.

Residents enjoy an inviting resident lounge with exterior patio, laundry facilities on each floor, a fully equipped fitness room, and a community service office with a conference space where local veteran organizations can meet. In each one-bedroom apartment, amenities include a modern kitchen, central heating and air, ceramic tiled baths, and more.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	588	From $1,165

Eligibility for Bensalem Veterans Residences

Bensalem Veterans Residences Details

21 one bedroom units.
HOME Investment Partnerships Program
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Fitness Center
Library
On-Site Manager
24hr Emergency Maintenance
Landscaping
Laundry Facilities
Resident Lounge

Unit Amenities

Central Air
Dishwasher
Spacious Closets
Carpet
Electric Range

Office Hours

Day	Hours
Monday	8:00am-5:30pm
Tuesday	8:00am-5:30pm
Wednesday	8:00am-5:30pm
Thursday	8:00am-5:30pm
Friday	8:00am-12:00pm

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.