216 Woodward Road, Manalapan, NJ 07726
Waiting List Forecast: Likely Short or None
Verified for 2018 by Tylia Gillon, Cheryl Lessing, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,094 - 1,311 per Month† | 1 - 2 Beds | 1 Bath | 663 - 941 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.
Heritage Village at Manalapan is a rental community for people 55 years and over with modest incomes. Conveniently located in desirable Manalapan Township, this signature CIS community offers gracious maintenance-free lifestyle, sun-filled one- and two-bedroom apartments and a host of comfort-enhancing modern amenities at an unbeatable price. Tired of the rising property taxes and cost of homeownership? Want to have more leisure time and no house upkeep? How about living closer to grandchildren, family and friends? Independent living in a quality-designed new rental complex at a fraction of the market-rate unit price is possible. Whether you are downsizing or changing your lifestyle, come visit Heritage Village at Manalapan. You will feel right at home!
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 Heritage Village at Manalapan for Adults 55 Plus 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) | 663ft2 | $1,094† |
| Two Bedroom (2/1) | 941ft2 | $1,311† |
| 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 Heritage Village at Manalapan for Adults 55 Plus have a waiting list?
Heritage Village at Manalapan for Adults 55 Plus 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 Heritage Village at Manalapan for Adults 55 Plus?
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 Heritage Village at Manalapan for Adults 55 Plus?
Heritage Village at Manalapan for Adults 55 Plus is managed by Community Investment Strategies, Inc. headquartered in Lawrenceville, New Jersey.
In addition to Heritage Village at Manalapan for Adults 55 Plus, how many other affordable housing properties (and units) are there in Manalapan?
In addition to Heritage Village at Manalapan for Adults 55 Plus, we list 4 other affordable properties in Manalapan. Learn about these properties here. Our data research shows that there are a total of 128 affordable units in Manalapan.
165 Cross Slope Ct Unit J, Manalapan, New Jersey 07726
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