Boston Way Village

1100 Boston Way, Asbury Park, NJ 07712

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 Bath -
check_circle  Family and Senior
check_circle  Affordable

Waitlist Forecast

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.

Boston Way Village is a newly renovated affordable housing community with 104 units of 1-, 2-, and 3-bedroom options.

Dave's Thoughts On Boston Way Village

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 Boston Way Village 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Boston Way Village Amenities

  • Playground
  • Community Room
  • Laundry Room
  • On-Site Parking

Units at Boston Way Village

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/1) - Call for Price

Income Qualification for Boston Way Village

*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
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.

FAQs for Boston Way Village

Does Boston Way Village have a waiting list?

Boston Way Village 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 Boston Way Village?

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 Boston Way Village?

Boston Way Village is managed by The Alpert Group headquartered in Fort Lee, New Jersey.

In addition to Boston Way Village, how many other affordable housing properties (and units) are there in Asbury Park?

In addition to Boston Way Village, we list 17 other affordable properties in Asbury Park. Learn about these properties here. Our data research shows that there are a total of 1286 affordable units in Asbury Park.

When was the Boston Way Village listing last updated?

Boston Way Village listing on Affordable Housing Online was last updated on 10/03/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Boston Way Village

Asbury Tower

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bed Studio-1
payment $844-1023/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

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payment Subsidized
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payment Subsidized
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accessible_forward Disability

Parkcrest Apartments

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switch_access_shortcut Short Wait
accessibility Accessible
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.