Apartments at New Market West is managed by Columbus Property Management.
Apartments at New Market West is an affordable community offering spacious 1-bedroom and 2-bedroom apartments with state-of-the-art kitchens with Energy-Star appliances and upscale bathroom finishes. Property amenities include a community room with kitchen, laundry room, fitness center, and secured building entry.
Apartments at New Market West is a quick walk away from the 60th Street Market-Frankford El stop, perfect for commuters and those who like to explore different parts of the City. Adjacent to the property is the new neighborhood hub New Market West were residents can access child care, community resources, healthcare, retail and more. A supermarket is within walking distance at 56th and Chestnut Streets; and three neighborhood shopping districts are nearby including the 60th St. Corridor (basic services); the 52nd Street Corridor (neighborhood retail); and 69th Street in Upper Darby (national retailers and international restaurants). There is a Free Library branch at 5543 Haverford Avenue and a recreation center at 56th and Haverford.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 700 | From $675 To $700 |
Two Bedroom (2/1) | 891 | From $800 To $825 |
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 Philadelphia but actual income limits may differ for units at Apartments at New Market West.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $23,450 | $26,800 | $30,150 | $33,500 |
50% | $39,100 | $44,650 | $50,250 | $55,800 |
80% | $62,500 | $71,400 | $80,350 | $89,250 |
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 Philadelphia but actual income limits may differ for units at Apartments at New Market West.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $39,100 | $44,650 | $50,250 | $55,800 |
Low Income (60%) | $46,920 | $53,580 | $60,300 | $66,960 |
Day | Hours |
---|---|
Monday | 8:30am-4:00pm |
Tuesday | 8:30am-4:00pm |
Wednesday | 8:30am-4:00pm |
Thursday | 8:30am-4:00pm |
Friday | 8:30am-4:00pm |
This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.
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.
Some of the units at this property have received funding through HUD's Section 811 Project Rental Assistance (PRA) Program. For these PRA funded units, tenants must be extremely low-income (at or below 30% of Area Median Income) and at least one adult member of the household must have a disability. The person with the disability must be eligible for community-based, long-term services as provided under the state’s plan for medical assistance under Title XIX of the Social Security Act (Medicaid), state funded services or other appropriate services defined in the written partnership agreement.