About This Property
Ivy Ridge contains 35 low-income rental units in East Stroudsburg, Pennsylvania, with a mix of two 2-bedroom and thirty-three 3-bedroom apartments. Placed in service in 2012, the property serves families and disabled residents through 9% Low-Income Housing Tax Credit financing and HOME funding. 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in East Stroudsburg, 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 Ivy Ridge is typically 30% of household income or less.
What size apartments are available at Ivy Ridge?+
Ivy Ridge offers the following unit types: 2 Two-Bedroom, 33 Three-Bedroom units, for a total of 35 units.
Who is eligible to live at Ivy Ridge?+
Ivy Ridge primarily serves families, persons with disabilities. 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 Ivy Ridge?+
Ivy Ridge 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 price range for apartments in East Stroudsburg, PA?+
Based on Fair Market Rent for Monroe County, the estimated price range is: 2-bedroom: $1470, 3-bedroom: $1988. Actual rent at Ivy Ridge may be lower for income-eligible households.
Who manages Ivy Ridge?+
Ivy Ridge is managed by . You can reach them at . Visit their website for more information.
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.
Contact Information
Location
Monroe County, PA
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