Rockwood Gardens II

740 Somerset Ave, Rockwood, Pennsylvania 15557

Contact Rockwood Gardens II

We would like to introduce you to Rockwood Gardens II Apartments located on Somerset Avenue in Rockwood, PA. These one and two bedroom apartments provide quality housing for individual or family households. Rents are based on income according to USDA Rural Development Section 515 Guidelines with rental assistance available to those who qualify. These apartments also have some wonderful amenities!

Eligibility for Rockwood Gardens II

Rockwood Gardens II Details

10 bedroom units.
Section 515 Rural Rental Housing
Low-Income Housing Tax Credit (LIHTC)
Section 521 USDA Rental Assistance

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

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.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.