Colonial Park Apartments

401 S Evergreen Ave, Woodbury, NJ 08096

Waiting List Forecast: Open Until Further Notice

check_circleVerified for 2023 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
Call for Rents 1 Bed 1 Bath -

Waitlist Information

Colonial Park Apartments, Shepard's Farm and Nancy J Elkis, Other Programs Waiting List

Go to the public housing authority page for this waiting list >>

Section 8 New Construction, Unit Based Assistance
(Elderly Only)

Dave's Thoughts On Colonial Park Apartments

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Colonial Park Apartments has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you need help paying your rent and are willing to wait for a longer waiting list.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Colonial Park Apartments Amenities

  • Handicapped Accessible

Units at Colonial Park Apartments

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Rent is Based On Your Income

Income Qualification for Colonial Park Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
30% AMI for PBRA Units $23,450 / year $26,800 / year $30,150 / year $33,500 / year $36,200 / year $40,280 / year $45,420 / year $50,560 / year
50% AMI for LIHTC Units $39,100 / year $44,650 / year $50,250 / year $55,800 / year $60,300 / year $64,750 / year $69,200 / year $73,700 / year
50% AMI for PBRA Units $39,100 / year $44,650 / year $50,250 / year $55,800 / year $60,300 / year $64,750 / year $69,200 / year $73,700 / year
60% AMI for LIHTC Units $46,920 / year $53,580 / year $60,300 / year $66,960 / year $72,360 / year $77,700 / year $83,040 / year $88,440 / year
80% AMI for PBRA Units $62,500 / year $71,400 / year $80,350 / year $89,250 / year $96,400 / year $103,550 / year $110,700 / year $117,850 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Colonial Park Apartments

Does Colonial Park Apartments have a waiting list?

Colonial Park Apartments has a waiting list. See above for waiting list details.

Are rents subsidized at Colonial Park Apartments?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

In addition to Colonial Park Apartments, how many other affordable housing properties (and units) are there in Woodbury?

In addition to Colonial Park Apartments, we list 6 other affordable properties in Woodbury. Learn about these properties here. Our data research shows that there are a total of 619 affordable units in Woodbury.

When was the Colonial Park Apartments listing last updated?

Colonial Park Apartments listing on Affordable Housing Online was last updated on 01/02/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Colonial Park Apartments

Deptford Park Apartments

120 Pop Moylan Blvd, Woodbury, New Jersey 08096

NJ-South Property, LLC.

44 High Street, Woodbury, New Jersey 8096

Nancy J Elkis

100 Pop Moylan Blvd, Woodbury, New Jersey 08096

Lakeside Apartments

231 N Evergreen Ave, Woodbury, New Jersey 08096

Woodbury Colonial

124 Green Ave, Woodbury, New Jersey 08096

Hrrp

121 N Broad St, Woodbury, New Jersey 08096

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.