About This Property
Concord Pointe offers 65 affordable units in Glen Mills, PA, with 64 designated as low-income housing serving elderly residents. The property includes 48 one-bedroom and 16 two-bedroom apartments and has been in operation since 2001. Development funding came through HOME and CDBG programs with 4% LIHTC credit financing.
Property Details
Fair Market Rent - Delaware 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 | $1,303 |
| 1 Bedroom | $1,451 |
| 2 Bedroom | $1,737 |
| 3 Bedroom | $2,100 |
| 4 Bedroom | $2,422 |
Income Limits - Delaware County, PA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,850
- Very Low (50%)
- $33,100
- Low (80%)
- $52,950
- Extremely Low (30%)
- $22,700
- Very Low (50%)
- $37,800
- Low (80%)
- $60,500
- Extremely Low (30%)
- $25,550
- Very Low (50%)
- $42,550
- Low (80%)
- $68,050
- Extremely Low (30%)
- $28,350
- Very Low (50%)
- $47,250
- Low (80%)
- $75,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $51,050
- Low (80%)
- $81,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $54,850
- Low (80%)
- $87,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $58,600
- Low (80%)
- $93,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $62,400
- Low (80%)
- $99,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,850 | $33,100 | $52,950 |
| 2 Persons | $22,700 | $37,800 | $60,500 |
| 3 Persons | $25,550 | $42,550 | $68,050 |
| 4 Persons | $28,350 | $47,250 | $75,600 |
| 5 Persons | $31,040 | $51,050 | $81,650 |
| 6 Persons | $35,580 | $54,850 | $87,700 |
| 7 Persons | $40,120 | $58,600 | $93,750 |
| 8 Persons | $44,660 | $62,400 | $99,800 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Glen Mills, PA?+
The Fair Market Rent (FMR) for Delaware County, PA is: $1303 (Studio), $1451 (1BR), $1737 (2BR), $2100 (3BR), $2422 (4BR). Actual rent at subsidized properties like Concord Pointe is typically 30% of household income or less.
What size apartments are available at Concord Pointe?+
Concord Pointe offers the following unit types: 48 One-Bedroom, 16 Two-Bedroom units, for a total of 65 units.
How do I apply for housing at Concord Pointe?+
Concord Pointe 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.
What is the price range for apartments in Glen Mills, PA?+
Based on Fair Market Rent for Delaware County, the estimated price range is: 1-bedroom: $1451, 2-bedroom: $1737. Actual rent at Concord Pointe may be lower for income-eligible households.
Who is eligible to live at Concord Pointe?+
Concord Pointe primarily serves elderly residents. 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 Delaware County, PA?+
For a 4-person household in Delaware County, PA, the income limits are: Extremely Low Income (30% AMI): $28,350, Very Low Income (50% AMI): $47,250, Low Income (80% AMI): $75,600. These limits are set by HUD and updated annually.
Who manages Concord Pointe?+
Concord Pointe is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
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