About This Property
Madison Grove is a 50-unit affordable housing community in Slippery Rock, PA that serves families with low incomes. The property, which opened in 2010, offers a mix of one-, two-, three-, and four-bedroom units, with 6 one-bedroom, 16 two-bedroom, 16 three-bedroom, and 12 four-bedroom apartments available. The community is financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Butler 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 - Butler 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 Slippery Rock, PA?+
The Fair Market Rent (FMR) for Butler County, PA is: $917 (Studio), $965 (1BR), $1161 (2BR), $1474 (3BR), $1605 (4BR). Actual rent at subsidized properties like Madison Grove is typically 30% of household income or less.
What size apartments are available at Madison Grove?+
Madison Grove offers the following unit types: 6 One-Bedroom, 16 Two-Bedroom, 16 Three-Bedroom, 12 Four-Bedroom units, for a total of 50 units.
Who manages Madison Grove?+
Madison Grove is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Madison Grove?+
Madison Grove primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Slippery Rock, PA?+
Based on Fair Market Rent for Butler County, the estimated price range is: 1-bedroom: $965, 2-bedroom: $1161, 3-bedroom: $1474. Actual rent at Madison Grove may be lower for income-eligible households.
What are the income limits for affordable housing in Butler County, PA?+
For a 4-person household in Butler 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.
How do I apply for housing at Madison Grove?+
Madison Grove 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.
Contact Information
Walk Score
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Nearby Schools
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