The Cloisters Apartments

About This Building

Affordable Housing Option at The Cloisters in Philadelphia, PA - Supported by the Low-Income Housing Tax Credit (LIHTC) program, The Cloisters offers affordable rental apartments for low-income individuals in Philadelphia, PA. - AMI-Based Rent and Income Restrictions: The LIHTC program incentivizes developers to provide housing for low-income individuals by setting maximum rent levels based on the Area Median Income (AMI). - Affordability Considerations: However, the AMI-based rent structure may still make this apartment unaffordable for some low-income individuals. We recommend checking the current rental rates to assess affordability. - 45 Low Income Apartments: The Cloisters features a total of 45 apartments designated for low-income residents. - Waiting Lists: Like many other apartments, there may be waiting lists for The Cloisters. We provide their contact information so you can inquire about applying and qualifying to live here. - Tip: Familiarize Yourself with LIHTC Units: These apartments qualify for the Low-Income Housing Tax Credit (LIHTC) program. - Household Income Verification: When applying for an apartment at The Cloisters, please note that income from all expected adult residents must be included and verified. Contact for more details. - Apartment Options: The Cloisters offers both 1 and 2 bedroom apartments. Please reach out to The Cloisters directly, using the provided contact number, to inquire about availability and qualifications.