Hancock Manor Philadelphia

About This Building

Affordable Housing Option at Hancock Manor (YMCA) in Philadelphia - Introduction: Hancock Manor, located in Philadelphia, PA, is a Low-Income Housing Tax Credit (LIHTC) apartment complex. If you are in search of an affordable housing solution, these rental apartments are supported by LIHTC, offering applicable program rent and income restrictions. - LIHTC for Affordable Housing: The LIHTC program provides incentives to builders and developers to create housing options for individuals with low income. The maximum rent charged for these apartments depends on the Area Median Income (AMI). However, please note that due to the AMI factor, this apartment may still be deemed unaffordable for low-income individuals. It is recommended to check the current rental rates to determine affordability. - Number of Low-Income Apartments: Hancock Manor features a total of 46 apartments designated for low-income residents. With the high demand for affordable housing these days, waiting lists are common. However, we provide this listing to allow you to directly contact the management at the provided number. You can inquire about your eligibility and the application process. - Important Details: When applying for residency at Hancock Manor, it is crucial to include and verify the income of all adults who are expected to reside in the apartment. For more details and information, we encourage you to call the provided contact number. - Apartment Options Available: At Hancock Manor, various apartment configurations are available to cater to different needs: 1. 1-Bedroom Apartments: 2. 2-Bedroom Apartments: 3. 3-Bedroom Apartments: By organizing the information under separate headings, the text becomes more structured and easier to read.