About This Property
Wisteria Commons offers 40 low-income units in Cresco, PA, with a mix of 36 one-bedroom and 4 two-bedroom apartments designed to serve elderly residents. The property has been in service since 2008 and operates under 9% Low-Income Housing Tax Credit financing. A non-profit organization owns and manages the community.
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 |
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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 Wisteria Commons is typically 30% of household income or less.
What size apartments are available at Wisteria Commons?+
Wisteria Commons offers the following unit types: 36 One-Bedroom, 4 Two-Bedroom units, for a total of 40 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 Wisteria Commons may be lower for income-eligible households.
Who is eligible to live at Wisteria Commons?+
Wisteria Commons primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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 Wisteria Commons?+
Wisteria Commons is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Wisteria Commons?+
Wisteria Commons 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
Location
Monroe County, PA
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