Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

Neighborhood Restoration Xvi

121 S 50th St, Philadelphia, PA, 19139

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

Neighborhood Restoration XVI consists of 80 low-income units designed to serve families in Philadelphia, Pennsylvania. The property offers a mix of unit sizes including 3 one-bedroom, 15 two-bedroom, 48 three-bedroom, and 14 four-bedroom apartments. The development has been in service since 2006.

Waitlist Information

Waitlist managed by Philadelphia Housing Authority

Public Housing Waitlist
Closed

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.

Last verified March 6, 2026
Section 8 (HCV) Waitlist
Closed
Opened January 23, 2023
Closed February 5, 2023
Apply: Multiple

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.

Last verified March 20, 2026

Waitlist data provided by section8waitlist.org

Updated April 18, 2026

Property Details

Total Units
80
1 Bedroom
3
2 Bedroom
15
3 Bedroom
48
4 Bedroom
14

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.

BedroomsFMR
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

Tax Credit Program Details

Year Placed in Service
2006
LIHTC Credit Type
3
Low-Income Units
80 / 80
Target Population
Families
Designations
Qualified Census Tract

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 Xvi is typically 30% of household income or less.

What size apartments are available at Neighborhood Restoration Xvi?+

Neighborhood Restoration Xvi offers the following unit types: 3 One-Bedroom, 15 Two-Bedroom, 48 Three-Bedroom, 14 Four-Bedroom units, for a total of 80 units.

Who is eligible to live at Neighborhood Restoration Xvi?+

Neighborhood Restoration Xvi primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Who manages Neighborhood Restoration Xvi?+

Neighborhood Restoration Xvi is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Neighborhood Restoration Xvi?+

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.

How do I apply for housing at Neighborhood Restoration Xvi?+

Neighborhood Restoration Xvi 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 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 Xvi 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.

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Walk Score

Very Walkable

89
Walk
74
Transit
97
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Philadelphia County, PA

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Housing Resources in Philadelphia, PA

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AFFORDABLE HOUSING CENTER OF PENNSYLVANIA

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Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops