Gateway West is managed by Fairville Management Company.
Gateway West is located in the Schuylkill River Valley of Reading and offers 2-bedroom and 3-bedroom apartment homes. Each unit includes a fully equipped kitchen, spacious living area, linen closet, private entrance, and energy efficient heating/air. Property amenities include a community center, computer room, laundry facility, and 24-hour emergency maintenance. The community is on a Barta Bus Route, adjacent to the Fine Fare Grocery Store, and within walking distance to Northwest Elementary School, Olivet Boys & Girls Club, Baer Park, Public Library, and local shopping.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Two Bedroom (2/1) | 835-1000 | Call for Price |
Three Bedroom (3/2) | 1143-1441 | Call for Price |
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 Reading but actual income limits may differ for units at Gateway West.
AMI Band | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $38,150 | $42,900 | $47,650 | $51,500 | $55,300 | $59,100 |
Low Income (60%) | $45,780 | $51,480 | $57,180 | $61,800 | $66,360 | $70,920 |
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.