East Penn Place

633 Broad St, Emmaus, Pennsylvania 18049

Contact East Penn Place

Message East Penn Place

East Penn Place is managed by Valley Housing Development Corporation.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - From $618 To $663

Eligibility for East Penn Place

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 Emmaus but actual income limits may differ for units at East Penn Place.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $33,600 $38,400 $43,200 $47,950 $51,800 $55,650 $59,500 $63,300
Low Income (60%) $40,320 $46,080 $51,840 $57,540 $62,160 $66,780 $71,400 $75,960

East Penn Place Details

  • 47 one 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.

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East Penn Place II

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