About This Property
Stonebridge Senior is a 58-unit affordable housing community in State College, PA that serves elderly residents. The property offers 24 one-bedroom and 34 two-bedroom units designated as low-income housing. Placed in service in 2015, the community is financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Centre 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 | $1,122 |
| 1 Bedroom | $1,133 |
| 2 Bedroom | $1,317 |
| 3 Bedroom | $1,593 |
| 4 Bedroom | $1,754 |
Income Limits - Centre County, PA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,450
- Very Low (50%)
- $30,800
- Low (80%)
- $49,250
- Extremely Low (30%)
- $21,100
- Very Low (50%)
- $35,200
- Low (80%)
- $56,250
- Extremely Low (30%)
- $23,750
- Very Low (50%)
- $39,600
- Low (80%)
- $63,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,950
- Low (80%)
- $70,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $47,500
- Low (80%)
- $75,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $51,000
- Low (80%)
- $81,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $54,500
- Low (80%)
- $87,200
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $58,050
- Low (80%)
- $92,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,450 | $30,800 | $49,250 |
| 2 Persons | $21,100 | $35,200 | $56,250 |
| 3 Persons | $23,750 | $39,600 | $63,300 |
| 4 Persons | $26,500 | $43,950 | $70,300 |
| 5 Persons | $31,040 | $47,500 | $75,950 |
| 6 Persons | $35,580 | $51,000 | $81,550 |
| 7 Persons | $40,120 | $54,500 | $87,200 |
| 8 Persons | $44,660 | $58,050 | $92,800 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in State College, PA?+
The Fair Market Rent (FMR) for Centre County, PA is: $1122 (Studio), $1133 (1BR), $1317 (2BR), $1593 (3BR), $1754 (4BR). Actual rent at subsidized properties like Stonebridge Senior is typically 30% of household income or less.
What size apartments are available at Stonebridge Senior?+
Stonebridge Senior offers the following unit types: 24 One-Bedroom, 34 Two-Bedroom units, for a total of 58 units.
Who manages Stonebridge Senior?+
Stonebridge Senior is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Centre County, PA?+
For a 4-person household in Centre County, PA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,950, Low Income (80% AMI): $70,300. These limits are set by HUD and updated annually.
Who is eligible to live at Stonebridge Senior?+
Stonebridge Senior primarily serves elderly residents. 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 State College, PA?+
Based on Fair Market Rent for Centre County, the estimated price range is: 1-bedroom: $1133, 2-bedroom: $1317. Actual rent at Stonebridge Senior may be lower for income-eligible households.
How do I apply for housing at Stonebridge Senior?+
Stonebridge Senior 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
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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