100 Tracey Ct, Belford, NJ 07939
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 582 - 966 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.
Valley Brook Village is a first of its kind VASH (Veterans Affairs Supportive Housing) community for homeless veterans, situated on the Lyons Campus of the Department of Veterans Affairs New Jersey Health Care System in Lyons, New Jersey. Residential common spaces form a village-style community on 16+ acres and feature sixty-two furnished, one and two bedroom apartment homes with shared community space, ample program space, landscaped walkways and shared outdoor spaces. Highlights include access to a state-of-the art learning center on-site and a vocational training space under the programming of the Employment Training Specialist.
Because Valley Brook Village 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. Because of the LIHTC program, additional units are set aside for households earning 50% or less of the AMI with corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 582ft2 | Call for Price† |
| 2 Bedroom (2/1) | 966ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $45,150 / year | $51,600 / year | $58,050 / year | $64,500 / year |
| 50% AMI for PBRA Units | $45,150 / year | $51,600 / year | $58,050 / year | $64,500 / year |
| 60% AMI for LIHTC Units | $54,180 / year | $61,920 / year | $69,660 / year | $77,400 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Valley Brook Village have a waiting list?
Valley Brook 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 Valley Brook 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 Valley Brook Village?
Valley Brook Village is managed by Peabody Properties, Inc. headquartered in Braintree, Massachusetts.
In addition to Valley Brook Village, how many other affordable housing properties (and units) are there in Monmouth County?
In addition to Valley Brook Village, 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.
When was the Valley Brook Village listing last updated?
Valley Brook Village listing on Affordable Housing Online was last updated on 01/02/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
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