Villages of Brierwood IV

101-121 Hawthorne Ln, Somerset, Pennsylvania 15501

Contact Villages of Brierwood IV

Message Villages of Brierwood IV

Villages of Brierwood IV is managed by NDC Real Estate Management.

Village at Brierwood IV is a low income housing Tax Credit property in Somerset, Pa.  This property offers thirteen (13) 1-bedroom apartments and seven (7) 2-bedroom apartments.  One of our 2 bedroom units is handicap accessible. Also one of the 1-bedroom apartments is vision and hearing impaired equipped.  These newer apartments also include dishwashers, walk-in showers and access to peronal laundry hookup.  Tenants also have access to personal control of heating and air condition. 

Eligibility for Villages of Brierwood IV

Villages of Brierwood IV Details

  • 20 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.

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