Somerset Homes

142 Somerset St, Newark, New Jersey 07108

Somerset Homes Details

  • 37 bedroom units.
  • Section 8 Project-Based Rental Assistance

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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 Somerset Homes.

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

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