About This Property
Centennial Place Phase II offers 34 low-income units in Farrell, PA, serving families with a mix of one-, two-, three-, and four-bedroom floor plans. The property has been in service since 2005 and is financed through 4% Low-Income Housing Tax Credits. Seven one-bedroom, eighteen two-bedroom, five three-bedroom, and four four-bedroom units comprise the available housing options.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Mercer 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 | $656 |
| 1 Bedroom | $661 |
| 2 Bedroom | $845 |
| 3 Bedroom | $1,148 |
| 4 Bedroom | $1,233 |
Income Limits - Mercer County, PA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,000
- Very Low (50%)
- $23,350
- Low (80%)
- $37,350
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,650
- Low (80%)
- $42,650
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,000
- Low (80%)
- $48,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,300
- Low (80%)
- $53,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,000
- Low (80%)
- $57,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,650
- Low (80%)
- $61,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,300
- Low (80%)
- $66,100
- Extremely Low (30%)
- $44,000
- Very Low (50%)
- $44,000
- Low (80%)
- $70,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,000 | $23,350 | $37,350 |
| 2 Persons | $17,420 | $26,650 | $42,650 |
| 3 Persons | $21,960 | $30,000 | $48,000 |
| 4 Persons | $26,500 | $33,300 | $53,300 |
| 5 Persons | $31,040 | $36,000 | $57,600 |
| 6 Persons | $35,580 | $38,650 | $61,850 |
| 7 Persons | $40,120 | $41,300 | $66,100 |
| 8 Persons | $44,000 | $44,000 | $70,400 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Farrell, PA?+
The Fair Market Rent (FMR) for Mercer County, PA is: $656 (Studio), $661 (1BR), $845 (2BR), $1148 (3BR), $1233 (4BR). Actual rent at subsidized properties like Centennial Place Phase Ii is typically 30% of household income or less.
What size apartments are available at Centennial Place Phase Ii?+
Centennial Place Phase Ii offers the following unit types: 7 One-Bedroom, 18 Two-Bedroom, 5 Three-Bedroom, 4 Four-Bedroom units, for a total of 34 units.
Who is eligible to live at Centennial Place Phase Ii?+
Centennial Place Phase Ii 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 Farrell, PA?+
Based on Fair Market Rent for Mercer County, the estimated price range is: 1-bedroom: $661, 2-bedroom: $845, 3-bedroom: $1148. Actual rent at Centennial Place Phase Ii may be lower for income-eligible households.
Who manages Centennial Place Phase Ii?+
Centennial Place Phase Ii is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Centennial Place Phase Ii?+
Centennial Place Phase Ii 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 HUD inspection score for Centennial Place Phase Ii?+
Centennial Place Phase Ii has a HUD inspection score of 76 out of 100, which is considered adequate. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
What are the income limits for affordable housing in Mercer County, PA?+
For a 4-person household in Mercer County, PA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,300, Low Income (80% AMI): $53,300. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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