About This Property
Sharps Terrace Revitalization provides 36 units of affordable housing in Sharpsburg, Pennsylvania, with 35 units designated for low-income households. The property offers a mix of one-, two-, and three-bedroom units serving families and has been in service since 2004. The development is non-profit owned and financed through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Allegheny County, PA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $917 |
| 1 Bedroom | $965 |
| 2 Bedroom | $1,161 |
| 3 Bedroom | $1,474 |
| 4 Bedroom | $1,605 |
Income Limits - Allegheny County, PA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,850
- Very Low (50%)
- $29,700
- Low (80%)
- $47,500
- Extremely Low (30%)
- $20,400
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $22,950
- Very Low (50%)
- $38,200
- Low (80%)
- $61,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,400
- Low (80%)
- $67,850
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,800
- Low (80%)
- $73,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,200
- Low (80%)
- $78,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,600
- Low (80%)
- $84,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,000
- Low (80%)
- $89,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,850 | $29,700 | $47,500 |
| 2 Persons | $20,400 | $33,950 | $54,300 |
| 3 Persons | $22,950 | $38,200 | $61,100 |
| 4 Persons | $26,500 | $42,400 | $67,850 |
| 5 Persons | $31,040 | $45,800 | $73,300 |
| 6 Persons | $35,580 | $49,200 | $78,750 |
| 7 Persons | $40,120 | $52,600 | $84,150 |
| 8 Persons | $44,660 | $56,000 | $89,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sharpsburg, PA?+
The Fair Market Rent (FMR) for Allegheny County, PA is: $917 (Studio), $965 (1BR), $1161 (2BR), $1474 (3BR), $1605 (4BR). Actual rent at subsidized properties like Sharps Terrace Revitalization is typically 30% of household income or less.
What size apartments are available at Sharps Terrace Revitalization?+
Sharps Terrace Revitalization offers the following unit types: 8 One-Bedroom, 15 Two-Bedroom, 13 Three-Bedroom units, for a total of 36 units.
Who manages Sharps Terrace Revitalization?+
Sharps Terrace Revitalization is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Sharps Terrace Revitalization?+
Sharps Terrace Revitalization is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who is eligible to live at Sharps Terrace Revitalization?+
Sharps Terrace Revitalization primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Allegheny County, PA?+
For a 4-person household in Allegheny County, PA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,400, Low Income (80% AMI): $67,850. These limits are set by HUD and updated annually.
What is the price range for apartments in Sharpsburg, PA?+
Based on Fair Market Rent for Allegheny County, the estimated price range is: 1-bedroom: $965, 2-bedroom: $1161, 3-bedroom: $1474. Actual rent at Sharps Terrace Revitalization may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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