Lehigh Coal and Navigation

1 Broadway, Jim Thorpe, Pennsylvania 18229

Contact Lehigh Coal and Navigation

This Apartment building consists of a 27 Unit Senior Independent Apartment Building, 55 yrs. old with Disability, or 62 yrs. old to qualify for HUD and Tax Credit Property. Recent Rehabilitation of Entire Building 2017-2018.

Offering an elevator, 1st floor washer and dryer availability, close to the down town area with old Switzerland look and feel with many small shops a beautiful park directly across from the building, the Lehigh River runs alongside of park and train depot which is a beautiful place to relax and fish.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	410	Call for Price
Two Bedroom (2/1)	495	Call for Price

Eligibility for Lehigh Coal and Navigation

Lehigh Coal and Navigation Details

27 one and two bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Elevator
Community Room
Historic Renovation

Unit Amenities

Central Air
Cable Ready
Spacious Closets
Window Coverings
Carpet
Refrigerator
New Appliances

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.