2 Liron Ln, Farmingdale, NJ 07727
Waiting List Forecast: Likely Short or None
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $811 - 959 per Month† | 1 - 3 Beds | 1 - 2 Baths | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
The Willows at Collingwood Park is a 110-unit affordable rental community in the Township of Wall, Monmouth County, New Jersey. The community includes 22 one-bedroom, 55 two-bedroom and 33 three-bedroom apartments in a quiet, suburban setting surrounded by parklands. The rentals feature private entrances, patios/balconies, central air, spacious floorplans and modern kitchens. The community offers a lounge, meeting/event space, laundry facilities, off-street parking, playgrounds, on-site management, 24/7 maintenance and is pet-friendly.
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. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests The Willows at Collingwood Park does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, 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 have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price† |
| 2 Bedroom (2/1) | - | $811 $836† |
| 3 Bedroom (3/2) | - | $959† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $45,150 / year | $51,600 / year | $58,050 / year | $64,500 / year | $69,700 / year | $74,850 / year |
| 50% AMI for PBRA Units | $45,150 / year | $51,600 / year | $58,050 / year | $64,500 / year | $69,700 / year | $74,850 / year |
| 60% AMI for LIHTC Units | $54,180 / year | $61,920 / year | $69,660 / year | $77,400 / year | $83,640 / year | $89,820 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Willows at Collingwood Park have a waiting list?
The Willows at Collingwood Park probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at The Willows at Collingwood Park?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges The Willows at Collingwood Park?
The Willows at Collingwood Park is managed by Ingerman Property Management headquartered in Collingswood, New Jersey.
In addition to The Willows at Collingwood Park, how many other affordable housing properties (and units) are there in Monmouth County?
In addition to The Willows at Collingwood Park, we list 117 other affordable properties in Monmouth County. Learn about these properties here. Our data research shows that there are a total of 7729 affordable units in Monmouth County.
Housing options for immigrants.
Some housing programs do not have a citizenship requirement, such as Low-Income Housing Tax Credit apartments.Judea I. Lawton says:
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