The Willows at Collingwood Park is a 110-unit affordable rental community in the Township of Wall, Monmouth County, New Jersey. The community includes 22 one-bedroom, 55 two-bedroom and 33 three-bedroom apartments in a quiet, suburban setting surrounded by parklands. The rentals feature private entrances, patios/balconies, central air, spacious floorplans and modern kitchens. The community offers a lounge, meeting/event space, laundry facilities, off-street parking, playgrounds, on-site management, 24/7 maintenance and is pet-friendly.
Last updated on April 16th, 2018
|1 Bedroom (1/1)||-||Call for Price|
|2 Bedroom (2/1)||-||From $811 To $836|
|3 Bedroom (3/2)||-||$959|
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Farmingdale but actual income limits may differ for units at The Willows at Collingwood Park.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$42,650||$48,750||$54,850||$60,900||$65,800||$70,650||$75,550||$80,400|
|Low Income (60%)||$51,180||$58,500||$65,820||$73,080||$78,960||$84,780||$90,660||$96,480|
The Willows at Collingwood Park is managed by Ingerman Property Management.