Universal Point & Commons at Point Breeze

1601 Federal St , Philadelphia, Pennsylvania 19146

Contact Universal Point & Commons at Point Breeze

At The Universal Properties, you’ll find a Point Breeze apartment home where everything you want is brought together: a location in the neighborhood where you want to live, amenities designed to make your life more enjoyable, and features that are both modern and centered on comfort.

Whether you choose a one, two, three or four apartment, you’ll find a unique layout that makes coming home something special. Adding to these wonderful comforts, you’ll also enjoy all of the extras at The Universal Properties such as neighborhood shopping, a great view of the Center City skyline, and a variety of resident services.

Visit The Universal Properties and the Point Breeze neighborhood today to find out why Zillow called Point Breeze Philadelphia's hottest neighborhood!

Located just blocks from Center City, Philadelphia, The Universal Properties puts you close to the places you want to be: shopping, dining and entertainment. This is the kind of home you’ve been looking for. At Universal Properties, we bring it all together.

Eligibility for Universal Point & Commons at Point Breeze

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 Universal Point & Commons at Point Breeze.

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
Low Income (60%)	$46,920	$53,580	$60,300	$66,960	$72,360	$77,700	$83,040	$88,440

Universal Point & Commons at Point Breeze Details

53 bedroom units.
HOME Investment Partnerships Program
Low-Income Housing Tax Credit (LIHTC)

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.

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.