Pleasant Valley Aparments

107 E Hector St, Conshohocken, Pennsylvania 19428

Contact Pleasant Valley Aparments

Pleasant Valley Apartments is a 41-unit development with all units subsidized through a HUD project-based Section 8 contract. The property is located at 107 East Hector Street, Conshohocken, Pennsylvania 19428. The development was originally built in 1982 and offers one, two, and three-bedroom units. All units are located within 4 two-story buildings. Common amenities include central laundry and on-site management. Pleasant Valley was acquired by PPD in 2017 and will undergo extensive renovations that same year.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price
3 Bedroom (3/1)	-	Call for Price

Eligibility for Pleasant Valley Aparments

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 Conshohocken but actual income limits may differ for units at Pleasant Valley Aparments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$23,450	$26,800	$30,150	$33,500	$36,200	$40,280
50%	$39,100	$44,650	$50,250	$55,800	$60,300	$64,750
80%	$62,500	$71,400	$80,350	$89,250	$96,400	$103,550

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 Conshohocken but actual income limits may differ for units at Pleasant Valley Aparments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$39,100	$44,650	$50,250	$55,800	$60,300	$64,750

Pleasant Valley Aparments Details

40 one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.