About This Property
Parkway I offers 10 low-income units in Homer City, PA, with a mix of seven one-bedroom and three two-bedroom apartments. The property has served elderly residents since 1995 and receives 4% Low-Income Housing Tax Credit financing. Interested applicants can inquire about availability and income qualification requirements through the property management office.
Property Details
Fair Market Rent - Indiana 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 | $627 |
| 1 Bedroom | $741 |
| 2 Bedroom | $859 |
| 3 Bedroom | $1,136 |
| 4 Bedroom | $1,243 |
Income Limits - Indiana County, PA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,800
- Very Low (50%)
- $23,000
- Low (80%)
- $36,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,300
- Low (80%)
- $42,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,600
- Low (80%)
- $47,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,850
- Low (80%)
- $52,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,500
- Low (80%)
- $56,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,150
- Low (80%)
- $61,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $40,750
- Low (80%)
- $65,200
- Extremely Low (30%)
- $43,400
- Very Low (50%)
- $43,400
- Low (80%)
- $69,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,800 | $23,000 | $36,800 |
| 2 Persons | $17,420 | $26,300 | $42,050 |
| 3 Persons | $21,960 | $29,600 | $47,300 |
| 4 Persons | $26,500 | $32,850 | $52,550 |
| 5 Persons | $31,040 | $35,500 | $56,800 |
| 6 Persons | $35,580 | $38,150 | $61,000 |
| 7 Persons | $40,120 | $40,750 | $65,200 |
| 8 Persons | $43,400 | $43,400 | $69,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Homer City, PA?+
The Fair Market Rent (FMR) for Indiana County, PA is: $627 (Studio), $741 (1BR), $859 (2BR), $1136 (3BR), $1243 (4BR). Actual rent at subsidized properties like Parkway I is typically 30% of household income or less.
What size apartments are available at Parkway I?+
Parkway I offers the following unit types: 7 One-Bedroom, 3 Two-Bedroom units, for a total of 10 units.
Who is eligible to live at Parkway I?+
Parkway I 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 Homer City, PA?+
Based on Fair Market Rent for Indiana County, the estimated price range is: 1-bedroom: $741, 2-bedroom: $859. Actual rent at Parkway I may be lower for income-eligible households.
How do I apply for housing at Parkway I?+
Parkway I 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 are the income limits for affordable housing in Indiana County, PA?+
For a 4-person household in Indiana County, PA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,850, Low Income (80% AMI): $52,550. These limits are set by HUD and updated annually.
Who manages Parkway I?+
Parkway I is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
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