Shalom - Clemente Towers Aka Shalom Towers
75 Clinton Ave, Newark, New Jersey 7114
Shalom - Clemente Towers Aka Shalom Towers Details
- 166 bedroom units.
- Rental Assistance Payments (RAP)
- Section 236
Rental Assistance Payments (RAP)
Since this property has received funding through the HUD Section 236 program and the Rental Assistance Program (RAP), a tenant who earns 50% of the Area Median Income (AMI) or less qualifies for rental assistance. The rental assistance limits the tenant rent contribution to the greater of 10% of their gross income, 20% of their adjusted income, or a designated portion of welfare assistance. If a tenant's income is above the 50% AMI level, they may still qualify to live here but not benefit from the rent subsidy.
Section 236
Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.
Newark 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 Newark but actual income limits may differ for units at Shalom - Clemente Towers Aka Shalom Towers.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $24,150 | $27,600 | $31,050 | $34,500 | $37,300 | $40,050 | $42,800 | $46,630 |
| 50% | $40,250 | $46,000 | $51,750 | $57,500 | $62,100 | $66,700 | $71,300 | $75,900 |
| 80% | $62,600 | $71,550 | $80,500 | $89,400 | $96,600 | $103,750 | $110,900 | $118,050 |
Shalom - Clemente Towers Aka Shalom Towers is managed by Marzulli Real Estate.
Nearby Low Income Apartment Communities
Montgomery Heights
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