Queen Lane Apartments is managed by Philadelphia Housing Authority.
PHA demolished the Queen Lane high-rise at 301 W. Queen Lane in Germantown and plans to construct 55 new, affordable rental units for individuals and families.
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 Queen Lane Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $23,450 | $26,800 | $30,150 | $33,500 | $36,200 | $40,280 | $45,420 | $50,560 |
50% | $39,100 | $44,650 | $50,250 | $55,800 | $60,300 | $64,750 | $69,200 | $73,700 |
80% | $62,500 | $71,400 | $80,350 | $89,250 | $96,400 | $103,550 | $110,700 | $117,850 |
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 Queen Lane Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $39,100 | $44,650 | $50,250 | $55,800 | $60,300 | $64,750 | $69,200 | $73,700 |
Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.