Historic Lafayette Apartments

302 S Main St, Butler, Pennsylvania 16001

Contact Historic Lafayette Apartments

Historic Lafayette Apartments are conveniently located at 302 South Main Street in Butler, PA. It consists of 59 apartments (53 one-bedrooms, 1 two-bedroom, and 5 efficiencies) of affordable housing for limited income individuals, age 55 or older. Additional units are available for non-income based applicants. Rent is based on income, electric not included; in turn the Housing Authority subtracts a utility allowance from monthly rent calculations. Resident is also responsible for electric, telephone, and cable TV.

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	-	Call for Price
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price

Eligibility for Historic Lafayette Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Butler but actual income limits may differ for units at Historic Lafayette Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
50%	$27,900	$31,900	$35,900	$39,850

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Butler but actual income limits may differ for units at Historic Lafayette Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$27,900	$31,900	$35,900	$39,850
Low Income (60%)	$33,480	$38,280	$43,080	$47,820

Historic Lafayette Apartments Details

59 studio, one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)

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.