About This Property
Oaks Senior Community offers 32 low-income units in Cresco, PA, serving elderly residents through a mix of 20 one-bedroom and 12 two-bedroom apartments. The property has been in service since 2001 and is non-profit owned, with funding from CDBG and financed through 4% LIHTC credits. This community provides affordable housing options for seniors in Monroe County.
Property Details
Fair Market Rent - Monroe 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 | $1,111 |
| 1 Bedroom | $1,119 |
| 2 Bedroom | $1,470 |
| 3 Bedroom | $1,988 |
| 4 Bedroom | $2,376 |
Income Limits - Monroe County, PA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,150
- Very Low (50%)
- $28,550
- Low (80%)
- $45,650
- Extremely Low (30%)
- $19,600
- Very Low (50%)
- $32,600
- Low (80%)
- $52,200
- Extremely Low (30%)
- $22,050
- Very Low (50%)
- $36,700
- Low (80%)
- $58,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,750
- Low (80%)
- $65,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $44,050
- Low (80%)
- $70,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $47,300
- Low (80%)
- $75,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $50,550
- Low (80%)
- $80,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,800
- Low (80%)
- $86,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,150 | $28,550 | $45,650 |
| 2 Persons | $19,600 | $32,600 | $52,200 |
| 3 Persons | $22,050 | $36,700 | $58,700 |
| 4 Persons | $26,500 | $40,750 | $65,200 |
| 5 Persons | $31,040 | $44,050 | $70,450 |
| 6 Persons | $35,580 | $47,300 | $75,650 |
| 7 Persons | $40,120 | $50,550 | $80,850 |
| 8 Persons | $44,660 | $53,800 | $86,100 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cresco, PA?+
The Fair Market Rent (FMR) for Monroe County, PA is: $1111 (Studio), $1119 (1BR), $1470 (2BR), $1988 (3BR), $2376 (4BR). Actual rent at subsidized properties like Oaks Senior Community is typically 30% of household income or less.
What size apartments are available at Oaks Senior Community?+
Oaks Senior Community offers the following unit types: 20 One-Bedroom, 12 Two-Bedroom units, for a total of 32 units.
What is the price range for apartments in Cresco, PA?+
Based on Fair Market Rent for Monroe County, the estimated price range is: 1-bedroom: $1119, 2-bedroom: $1470. Actual rent at Oaks Senior Community may be lower for income-eligible households.
What are the income limits for affordable housing in Monroe County, PA?+
For a 4-person household in Monroe County, PA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,750, Low Income (80% AMI): $65,200. These limits are set by HUD and updated annually.
Who manages Oaks Senior Community?+
Oaks Senior Community is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Oaks Senior Community?+
Oaks Senior Community 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 Oaks Senior Community?+
Oaks Senior Community 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.
Contact Information
Walk Score
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Nearby Schools
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