1012 Springwood Ave, Asbury Park, NJ 7712
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 850 - 1,100 Sq Ft |
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 Renaissance at Asbury Park is an affordable community offer 1-, 2-, and 3-bedroom units. This brand new community has apartments in a 4 story building and also features townhouse style apartments to fit your lifestyle. This community is conveniently located giving easy access to many shops and restaurants. Also each apartment comes with great amenities like a washer/dryer hook-up, dishwasher, and Air & Heat.
Because The Renaissance at Asbury Park 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. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 850ft2 | Call for Price† |
| Two Bedroom (2/1) | 900ft2 | Call for Price† |
| Three Bedroom (3/2) | 1100ft2 | Call for Price† |
| 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 Renaissance at Asbury Park have a waiting list?
The Renaissance at Asbury 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 Renaissance at Asbury 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 Renaissance at Asbury Park?
The Renaissance at Asbury Park is managed by The Michaels Organization headquartered in Camden, NJ.
In addition to The Renaissance at Asbury Park, how many other affordable housing properties (and units) are there in Asbury Park?
In addition to The Renaissance at Asbury Park, 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 The Renaissance at Asbury Park listing last updated?
The Renaissance at Asbury Park listing on Affordable Housing Online was last updated on 09/29/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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