About This Property
Neighborhood Restoration XV offers 65 low-income units in Philadelphia designed to serve families, with a mix of one-, two-, three-, and four-bedroom apartments. The property has been in service since 2005 and includes 8 one-bedroom, 12 two-bedroom, 25 three-bedroom, and 19 four-bedroom units. This development provides rental housing options for households seeking affordable residential space.
Waitlist Information
Waitlist managed by Philadelphia Housing Authority
The Public Housing Program waitlist was closed on April 15, 2013. It will reopen when PHA determines the average wait time has reached an acceptable level. The public will be notified through advertisement on the website. Senior-designated housing developments and special programs remain open.
The HCV waitlist is anticipated to reopen in 2027. The public will be notified through TV, radio, print advertising, and the PHA website when it reopens.
Waitlist data provided by section8waitlist.org
Updated July 28, 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 |
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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 Neighborhood Restoration Xv is typically 30% of household income or less.
What size apartments are available at Neighborhood Restoration Xv?+
Neighborhood Restoration Xv offers the following unit types: 8 One-Bedroom, 12 Two-Bedroom, 25 Three-Bedroom, 19 Four-Bedroom units, for a total of 65 units.
How do I apply for housing at Neighborhood Restoration Xv?+
Neighborhood Restoration Xv 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 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 Neighborhood Restoration Xv?+
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.
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, 3-bedroom: $2100. Actual rent at Neighborhood Restoration Xv may be lower for income-eligible households.
Who manages Neighborhood Restoration Xv?+
Neighborhood Restoration Xv is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Neighborhood Restoration Xv?+
Neighborhood Restoration Xv primarily serves families. 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.
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