430 S. Broadway, Gloucester City, NJ 08030
Waiting List Forecast: Likely Short or None
Verified for 2017 by Julia Zeltner, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $522 per Month† | 1 - 2 Beds | 1 Bath | 625 - 875 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.
Carpenter's Square Apartments is the place you will want to call home. This community is an affordable independent living community for seniors 62+ located in the central portion of Gloucester City. This attractive five story mid-rise building features 101 spacious one and two bedroom apartments, as well as community centers and a convenient location. Our beautiful updated kitchens and perfectly manicured grounds will make you feel at home.
***SECTION 8 WELCOME 62 YEARS OR OLDER ONLY***Francis J. Gorman Manor apartments for Seniors 62 years or older or disabled at any age. Brand new spacious 1 Bedroom apartments only $505 -$522 per month. Model apartments now open. On-site laundry facility and FREE transportation to shopping and medical centers.
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 Carpenter's Square 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 |
|---|---|---|
| One Bedroom (1/1) | 625ft2 | $522† |
| Two Bedroom (2/1) | 875ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $39,100 / year | $44,650 / year | $50,250 / year | $55,800 / year |
| 50% AMI for PBRA Units | $39,100 / year | $44,650 / year | $50,250 / year | $55,800 / year |
| 60% AMI for LIHTC Units | $46,920 / year | $53,580 / year | $60,300 / year | $66,960 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Carpenter's Square have a waiting list?
Carpenter's Square 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 Carpenter's Square?
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 Carpenter's Square?
Carpenter's Square is managed by The Michaels Organization headquartered in Camden, NJ.
In addition to Carpenter's Square, how many other affordable housing properties (and units) are there in Camden County?
In addition to Carpenter's Square, we list 123 other affordable properties in Camden County. Learn about these properties here. Our data research shows that there are a total of 10554 affordable units in Camden County.
If you're a homeless veteran, contact your VA Medical Center.
You may have an opportunity to apply for a VASH voucher, which is a Section 8 voucher for homeless veterans.Takesha Powell says:
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