Low Income (LIHTC)Opening Soon

Frankford One

4343 Frankford Ave, Philadelphia, PA, 19124

Information verified August 17, 2026·We re-check waiting list status daily

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About This Property

Frankford One is a 4-unit affordable housing property in Philadelphia, PA, with all units designated for low-income households. The property has been in service since 1992 and utilizes 9% Low-Income Housing Tax Credits (LIHTC) for financing and operation.

Waitlist Information

Waitlist managed by Philadelphia Housing Authority

Public Housing Waitlist

Closed

PHA closed its Public Housing Program wait lists on April 15, 2013. 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.

Last verified July 1, 2026

Section 8 (HCV) Waitlist

Opening Soon

Opens December 31, 2026

The public will be notified of the reopening through TV, radio, print advertising, and the PHA website.

Last verified July 3, 2026

Waitlist data provided by section8waitlist.org

Updated August 17, 2026

Property Details

Total Units

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.

1 Person

Extremely Low (30%): $19,850
Very Low (50%): $33,100
Low (80%): $52,950

2 Persons

Extremely Low (30%): $22,700
Very Low (50%): $37,800
Low (80%): $60,500

3 Persons

Extremely Low (30%): $25,550
Very Low (50%): $42,550
Low (80%): $68,050

4 Persons

Extremely Low (30%): $28,350
Very Low (50%): $47,250
Low (80%): $75,600

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $51,050
Low (80%): $81,650

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $54,850
Low (80%): $87,700

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $58,600
Low (80%): $93,750

8 Persons

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

Year Placed in Service

1992

LIHTC Credit Type

Low-Income Units

4 / 4

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 Frankford One is typically 30% of household income or less.

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.

Is there a waitlist for Frankford One?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Opening Soon and is expected to open for applications soon. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

Who manages Frankford One?+

Frankford One is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Frankford One?+

Frankford One 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.

Begin Application Now