Francis House

4460 Fairmount Avenue, Philadelphia, Pennsylvania 19104

Contact Francis House

Francis House is a new ministry of the Felician Franciscan Sisters, a 60 unit facility with a unique design of six “neighborhoods” of 10 units each, consisting of efficiency units surrounding a large great room area of a kitchen, dining and living room areas. Each neighborhood also has its own parlor and sunroom. This design will accommodate frail elderly individuals needing personal care services and the hope is that it will become an assisted living facility in the future when these services become available for low income individuals.

Unit (Bd/Ba)	Ft²	Rent
Efficiency (Studio/1)	-	Call for Price

Eligibility for Francis House

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.

HOME Investment Partnerships Program

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.