1353 Mediterranean Avenue, Atlantic City, NJ 08401
Waiting List Forecast: Likely Short or None
Verified for 2023 by Cheryl Lessing| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $933 - 1,055 per Month† | 2 - 3 Beds | 1 - 1.5 Bath | 886 - 1,284 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.
Come live close to the shores of Atlantic City at a brand new affordable living community with spacious two and three bedroom floor plans and ample amenities. Connecticut & Carolina Crescent is built using the latest in resiliency planning and energy efficient materials. Apartments are Energy Star Certified and exceed flood height requirements. Enjoy access to the best shopping, dining, and entertainment New Jersey has to offer.
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 Connecticut and Carolina Crescent 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 |
|---|---|---|
| 2-Bedroom (2/1) | 886ft2 | $933† |
| 3-Bedroom (3/1.5) | 1284ft2 | $1,055† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $31,200 / year | $35,650 / year | $40,100 / year | $44,550 / year | $48,150 / year | $51,700 / year |
| 50% AMI for PBRA Units | $31,200 / year | $35,650 / year | $40,100 / year | $44,550 / year | $48,150 / year | $51,700 / year |
| 60% AMI for LIHTC Units | $37,440 / year | $42,780 / year | $48,120 / year | $53,460 / year | $57,780 / year | $62,040 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Connecticut and Carolina Crescent have a waiting list?
Connecticut and Carolina Crescent 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 Connecticut and Carolina Crescent?
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 Connecticut and Carolina Crescent?
Connecticut and Carolina Crescent is managed by Community Investment Strategies, Inc. headquartered in Lawrenceville, New Jersey.
In addition to Connecticut and Carolina Crescent, how many other affordable housing properties (and units) are there in Atlantic City?
In addition to Connecticut and Carolina Crescent, we list 30 other affordable properties in Atlantic City. Learn about these properties here. Our data research shows that there are a total of 4206 affordable units in Atlantic City.
When was the Connecticut and Carolina Crescent listing last updated?
Connecticut and Carolina Crescent listing on Affordable Housing Online was last updated on 01/02/2023 by Cheryl Lessing. Remember, a property's status can change so you should contact the property to confirm.
Stay in contact with the housing agency after applying.
While on a waiting list, always keep your information up to date. If you get selected for housing, the agency needs to know how to reach you!Lela Mima says:
"I love that this website lets you know where Section 8 will be open, and you have choices to pick where to apply. Thank you Affordable Housing Online!"