The New Riverview is managed by Presbyterian Senior Living.
A supportive and stimulating senior community where you can live comfortably, maintain your independence, and enjoy life to the fullest. Riverview’s two buildings sit on more than three acres of manicured grounds, with 191 soon-to-be renovated one- and two-bedroom apartments for all income levels.
The renovation reduces the number of units from 221 to 191 of which 151 will be affordable for residents whose income is 60% or less than the area median income. The remaining 40 will be lower-cost, market-rate units. A total of 42 units will be fully accessible.
-Professional staff and upgraded facilities ensure easy living in a warm and friendly environment.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 400 | Call for Price |
Two Bedroom (2/1) | 800 | Call for Price |
This property is currently under construction.
May 2019 broke ground for renovation construction.
https://www.jaapgh.org/news/fri-06212019-849am-jaa-riverview-break-ground-new-riverview
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 Pittsburgh but actual income limits may differ for units at The New Riverview.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $21,100 | $24,100 | $27,100 | $30,100 |
50% | $35,150 | $40,200 | $45,200 | $50,200 |
80% | $56,250 | $64,250 | $72,300 | $80,300 |
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 Pittsburgh but actual income limits may differ for units at The New Riverview.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $35,150 | $40,200 | $45,200 | $50,200 |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
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.
Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.