About This Property
Legacy Pres Initiative I contains 139 low-income units in Philadelphia, PA, with a unit mix of 9 studios, 102 one-bedroom, and 28 two-bedroom apartments. The property has been in service since 2013 and serves families and disabled residents through tax-exempt bond financing and 4% Low-Income Housing Tax Credit funding. This development provides housing options across multiple unit sizes for qualifying low-income households.
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 Legacy Pres Initiative I is typically 30% of household income or less.
What size apartments are available at Legacy Pres Initiative I?+
Legacy Pres Initiative I offers the following unit types: 9 Studio, 102 One-Bedroom, 28 Two-Bedroom units, for a total of 139 units.
How do I apply for housing at Legacy Pres Initiative I?+
Legacy Pres Initiative I 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 Legacy Pres Initiative I?+
Legacy Pres Initiative I is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Legacy Pres Initiative I?+
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: 1-bedroom: $1451, 2-bedroom: $1737. Actual rent at Legacy Pres Initiative I 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.
Who is eligible to live at Legacy Pres Initiative I?+
Legacy Pres Initiative I primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Legacy Pres Initiative I
Mlk Phase Iv
Philadelphia, PA
1 Units1130 Latona Street
Philadelphia, PA
1 UnitsSt Maron Hall
Philadelphia, PA
64 Units
Mlk Phase I
Philadelphia, PA
4 UnitsMartin Luther King Hope Vi
Philadelphia, PA
45 UnitsMartin Luther King Iv
Philadelphia, PA
42 Units