About This Property
Belmont Affordable Housing V contains 24 low-income units in Philadelphia and has been in service since 2005. The property includes eight 3-bedroom and sixteen 4-bedroom units designed to serve families. This development is funded through CDBG and utilizes 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Philadelphia Housing Authority
The Public Housing Program waitlist is currently closed. However, senior-designated housing developments and special programs remain open. The wait list will reopen when PHA determines that the average wait time for housing has reached an acceptable level. The public will be notified through advertisement on this website.
A lottery was used to select 10,000 applicants, with a residency preference for those who live, work, or have been hired to work in Philadelphia.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Philadelphia 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 | $1,303 |
| 1 Bedroom | $1,451 |
| 2 Bedroom | $1,737 |
| 3 Bedroom | $2,100 |
| 4 Bedroom | $2,422 |
Income Limits - Philadelphia County, PA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,850
- Very Low (50%)
- $33,100
- Low (80%)
- $52,950
- Extremely Low (30%)
- $22,700
- Very Low (50%)
- $37,800
- Low (80%)
- $60,500
- Extremely Low (30%)
- $25,550
- Very Low (50%)
- $42,550
- Low (80%)
- $68,050
- Extremely Low (30%)
- $28,350
- Very Low (50%)
- $47,250
- Low (80%)
- $75,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $51,050
- Low (80%)
- $81,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $54,850
- Low (80%)
- $87,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $58,600
- Low (80%)
- $93,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $62,400
- Low (80%)
- $99,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,850 | $33,100 | $52,950 |
| 2 Persons | $22,700 | $37,800 | $60,500 |
| 3 Persons | $25,550 | $42,550 | $68,050 |
| 4 Persons | $28,350 | $47,250 | $75,600 |
| 5 Persons | $31,040 | $51,050 | $81,650 |
| 6 Persons | $35,580 | $54,850 | $87,700 |
| 7 Persons | $40,120 | $58,600 | $93,750 |
| 8 Persons | $44,660 | $62,400 | $99,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Philadelphia, PA?+
The Fair Market Rent (FMR) for Philadelphia County, PA is: $1303 (Studio), $1451 (1BR), $1737 (2BR), $2100 (3BR), $2422 (4BR). Actual rent at subsidized properties like Belmont Affordable Housing V is typically 30% of household income or less.
What size apartments are available at Belmont Affordable Housing V?+
Belmont Affordable Housing V offers the following unit types: 8 Three-Bedroom, 16 Four-Bedroom units, for a total of 24 units.
Who is eligible to live at Belmont Affordable Housing V?+
Belmont Affordable Housing V primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Belmont Affordable Housing V?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Philadelphia, PA?+
Based on Fair Market Rent for Philadelphia County, the estimated price range is: 3-bedroom: $2100. Actual rent at Belmont Affordable Housing V may be lower for income-eligible households.
What are the income limits for affordable housing in Philadelphia County, PA?+
For a 4-person household in Philadelphia County, PA, the income limits are: Extremely Low Income (30% AMI): $28,350, Very Low Income (50% AMI): $47,250, Low Income (80% AMI): $75,600. These limits are set by HUD and updated annually.
How do I apply for housing at Belmont Affordable Housing V?+
Belmont Affordable Housing V 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 Belmont Affordable Housing V?+
Belmont Affordable Housing V is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Belmont Affordable Housing V
Pugh Affordable Housing
Philadelphia, PA
9 UnitsBelmont Affordable Housing Vi
Philadelphia, PA
40 UnitsWestminster Affordable Housing
Philadelphia, PA
12 UnitsClover Affordable Housing
Philadelphia, PA
11 UnitsJameson Court
Philadelphia, PA
72 UnitsMill Creek
Philadelphia, PA
80 Units