Fifth Street Place is managed by NDC Real Estate Management.
A 12-unit apartment building in the heart of Charleroi, Washington County, Fifth Street Place is designed for individuals age 55 and older who are seeking comfortable and convenient living.
Doctor’s offices, stores and shopping, and the public library are all within easy walking distance, and the Mid Mon Valley Transit Authority offers service to Belle Vernon, California University of Pennsylvania and downtown Pittsburgh. It’s a very nice and quiet living experience!
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 Charleroi but actual income limits may differ for units at Fifth Street Place.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $35,150 | $40,200 | $45,200 | $50,200 | $54,250 | $58,250 | $62,250 | $66,300 |
Low Income (60%) | $42,180 | $48,240 | $54,240 | $60,240 | $65,100 | $69,900 | $74,700 | $79,560 |
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.