915 Broad Street

915 Broad St., Newark, NJ 07201

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Connor Bailey
Rent Beds Baths SqFt
Call for Rents Studio - 2 Beds 1 Bath -
check_circle  Market Rate
check_circle  Family and Senior
check_circle  Mixed-income
check_circle  Affordable

Waitlist Forecast

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.

Welcome to 915 Broad Street. An urban oasis located in the heart of Downtown Newark New Jersey offering a dynamic eco-friendly design, convenience, and a practical amenity package for the busy urban dweller.

Consisting of retail space in the base of the building and 84 studio, 1-, and 2-bedrooms residences, 915 Broad is a brand new four-story mixed use development located in the Teacher’s Village section of Downtown Newark directly across from City Hall and just minutes to Newark Penn Station.

Dave's Thoughts On 915 Broad Street

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 915 Broad Street 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

915 Broad Street Amenities

  • Fitness Center
  • Laundry Room
  • On-Site Parking
  • Energy Efficient Design
  • Near Shopping
  • Stainless Steel Appliances
  • High Speed Internet Access
  • Near Restaurants
  • Close to Entertainment
  • Package Lockers

Units at 915 Broad Street

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - Call for Price
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price

Income Qualification for 915 Broad Street

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people
50% AMI for LIHTC Units $42,650 / year $48,750 / year $54,850 / year $60,900 / year
50% AMI for PBRA Units $42,650 / year $48,750 / year $54,850 / year $60,900 / year
60% AMI for LIHTC Units $51,180 / year $58,500 / year $65,820 / year $73,080 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for 915 Broad Street

Does 915 Broad Street have a waiting list?

915 Broad Street 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 915 Broad Street?

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 915 Broad Street?

915 Broad Street is managed by Arco Management Corporation headquartered in Suffern, NY.

In addition to 915 Broad Street, how many other affordable housing properties (and units) are there in Newark?

In addition to 915 Broad Street, we list 185 other affordable properties in Newark. Learn about these properties here. Our data research shows that there are a total of 23374 affordable units in Newark.

When was the 915 Broad Street listing last updated?

915 Broad Street listing on Affordable Housing Online was last updated on 09/29/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.

Listings Near 915 Broad Street

Montgomery Heights

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bed 1-3
payment $1324-1830/mo.

City View Landing Family

195 W Kinney St , Newark, New Jersey 07103

bed 2-4
payment $883-1101/mo.

440 Washington Street Apartments

440 Washington Street, Newark, New Jersey 7102

bed 1-3

The Willows at Lincoln Park

65 Lincoln Park, Newark, New Jersey 07102

bed 1-3

Court Towers

1 Court St, Newark, New Jersey 07102

bed Studio-1

New Community Manor Family

72 Hayes St, Newark, New Jersey 07103

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.