About This Property
Mountain View Terrace comprises 36 low-income units in New Holland, Pennsylvania, serving elderly residents since 2015. The property includes 32 one-bedroom units and 4 two-bedroom units. Financing for this non-profit owned community comes through the HOME program.
Property Details
Fair Market Rent - Lancaster 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 | $938 |
| 1 Bedroom | $1,061 |
| 2 Bedroom | $1,333 |
| 3 Bedroom | $1,725 |
| 4 Bedroom | $1,775 |
Income Limits - Lancaster County, PA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,450
- Very Low (50%)
- $29,050
- Low (80%)
- $46,500
- Extremely Low (30%)
- $19,950
- Very Low (50%)
- $33,200
- Low (80%)
- $53,150
- Extremely Low (30%)
- $22,450
- Very Low (50%)
- $37,350
- Low (80%)
- $59,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,500
- Low (80%)
- $66,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,850
- Low (80%)
- $71,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,150
- Low (80%)
- $77,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,500
- Low (80%)
- $82,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $54,800
- Low (80%)
- $87,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,450 | $29,050 | $46,500 |
| 2 Persons | $19,950 | $33,200 | $53,150 |
| 3 Persons | $22,450 | $37,350 | $59,800 |
| 4 Persons | $26,500 | $41,500 | $66,400 |
| 5 Persons | $31,040 | $44,850 | $71,750 |
| 6 Persons | $35,580 | $48,150 | $77,050 |
| 7 Persons | $40,120 | $51,500 | $82,350 |
| 8 Persons | $44,660 | $54,800 | $87,650 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in New Holland, PA?+
The Fair Market Rent (FMR) for Lancaster County, PA is: $938 (Studio), $1061 (1BR), $1333 (2BR), $1725 (3BR), $1775 (4BR). Actual rent at subsidized properties like Mountain View Terrace is typically 30% of household income or less.
What size apartments are available at Mountain View Terrace?+
Mountain View Terrace offers the following unit types: 32 One-Bedroom, 4 Two-Bedroom units, for a total of 36 units.
Who manages Mountain View Terrace?+
Mountain View Terrace is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Mountain View Terrace?+
Mountain View Terrace primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Mountain View Terrace?+
Mountain View Terrace 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 Lancaster County, PA?+
For a 4-person household in Lancaster County, PA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,500, Low Income (80% AMI): $66,400. These limits are set by HUD and updated annually.
What is the price range for apartments in New Holland, PA?+
Based on Fair Market Rent for Lancaster County, the estimated price range is: 1-bedroom: $1061, 2-bedroom: $1333. Actual rent at Mountain View Terrace may be lower for income-eligible households.
Contact Information
Walk Score
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