Krause Commons is a new six-story building located on the former site of Poli’s Restaurant in Squirrel Hill, one of Pittsburgh’s strongest communities. Krause Commons is a supportive housing development comprised of 33 units, half of which have a preference for those with intellectual and/or mental health disabilities; the other half are general occupancy.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | From $588 |
Two Bedroom (2/1) | - | From $833 |
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.