
About This Property
Farrell Homes offers 44 units of affordable housing in Farrell, Pennsylvania, located in Mercer County. The property is managed on-site and provides residential options for eligible households. Prospective residents can inquire directly with the property management for application information and lease terms.
Property Details
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 Farrell Homes is typically 30% of household income or less.
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.
How do I apply for housing at Farrell Homes?+
Farrell Homes 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.
Who manages Farrell Homes?+
Farrell Homes is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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