1118 Adams St, Hoboken, NJ 07030
Waiting List Forecast: Likely Short or None
Verified for 2020 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
"We are close to State Route 495, and a connection to Interstate 95 makes your commute a breeze. There is much to discover in this lovely neighborhood of Hoboken, NJ, with shopping, dining, and entertainment within reach. If being in the big city is more your style, New York City is only minutes away and easily accessible. For outdoor enthusiasts, Harborside Park and Washington Park Dog Run are both close by.
These unique apartment homes include a spacious three-bedroom floor plan. Standard features include a dishwasher, microwave, a refrigerator, vinyl flooring, and in-home washer and dryer connections. We are also a pet-friendly environment. Don’t miss out on this opportunity!
Our community provides some of the best amenities in the area. Features include an on-site laundry facility to assist you with those pesky chores. You can kick back and relax in the outdoor courtyard with a play area. Our courteous and responsive management team is here and very eager to assist you. Call or come by today and see for yourself why 1118 Adams Street is a great place to call home!"
Because 1118 Adams Street participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $42,600 / year | $48,700 / year | $54,800 / year | $60,850 / year | $65,750 / year | $70,600 / year | $75,500 / year | $80,350 / year |
| 50% AMI for PBRA Units | $42,600 / year | $48,700 / year | $54,800 / year | $60,850 / year | $65,750 / year | $70,600 / year | $75,500 / year | $80,350 / year |
| 60% AMI for LIHTC Units | $51,120 / year | $58,440 / year | $65,760 / year | $73,020 / year | $78,900 / year | $84,720 / year | $90,600 / year | $96,420 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does 1118 Adams Street have a waiting list?
1118 Adams Street 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 1118 Adams Street?
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 1118 Adams Street?
1118 Adams Street is managed by South Oxford Management headquartered in Dallas, TX.
In addition to 1118 Adams Street, how many other affordable housing properties (and units) are there in Hoboken?
In addition to 1118 Adams Street, we list 17 other affordable properties in Hoboken. Learn about these properties here. Our data research shows that there are a total of 2483 affordable units in Hoboken.
Keep a record of past landlord issues.
Having some marks on your rental history will not disqualify you from federal housing, but be prepared to explain situations like an eviction.Cathy Watkins says:
"I’m just glad I could find Affordable Housing Online. If I can find a low-income rental, I can see retirement."