Stern - Olsen Towers

555 New Brunswick Ave, Fords, New Jersey 08863

Stern - Olsen Towers Details

  • 415 units.

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.

Fords HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Fords but actual income limits may differ for units at Stern - Olsen Towers.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $24,850 $28,400 $31,950 $35,500 $38,350 $41,200 $44,050 $46,900
50% $41,450 $47,350 $53,250 $59,150 $63,900 $68,650 $73,350 $78,100
80% $57,050 $65,200 $73,350 $81,450 $88,000 $94,500 $101,000 $107,550

These general income qualifications for Fords, New Jersey should only be used as a basic guide. To find out if you qualify, contact the community directly.

You can usually make up to 80% of the Area Median Income (AMI) to be eligible for a HUD-Assisted Housing unit, but income qualification tiers for this community may be different due to various policies.

Stern - Olsen Towers receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing. Market rate units would have no subsidies or income restrictions.

Stern - Olsen Towers is managed by Woodbridge Housing Authority.