430 S. Broadway, Gloucester City, NJ 08030
Waiting List Forecast: Likely Short or None
Verified for 2021 by Julia Zeltner| 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.
Because Carpenter's Square 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. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, 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.
Housing options for seniors.
Many housing programs have apartments or entire properties restricted to senior residents only, including Section 202 Supportive Housing for the Elderly.Francine Harris says:
"I like Affordable Housing Online because it directs you to a variety of housing authorities. I recommend this website to anyone looking for affordable housing."