King Theatre Apartments is managed by Housing Development Corporation MidAtlantic (HDC MidAtlantic).
Property Information
Number of Units: 43
Occupancy: Senior 55+
Rent Type(s): Income Limits Apply,Section 8 Vouchers Accepted,Rents Based on Income (select units),Section 8 Vouchers Accepted (select units),
Additional Information:
The waiting list for efficiency and 1-bedroom apartments is CLOSED.
Accepting applications for 2-bedroom apartments waiting list
2 bedroom apartments – $755 – $775/month
Rent includes heat, water, sewer and trash removal
*Minimum and maximum income guidelines may apply
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | - | From $755 To $775 |
One bedroom waiting list closed till further notice.
Last updated on May 12th, 2022Generally, 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 Lancaster but actual income limits may differ for units at King Theatre Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
50% | $35,150 | $40,200 | $45,200 | $50,200 |
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 Lancaster but actual income limits may differ for units at King Theatre Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $35,150 | $40,200 | $45,200 | $50,200 |
Low Income (60%) | $42,180 | $48,240 | $54,240 | $60,240 |
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.