The Lantana

109 Broad St. and 130 N. 11th St., Newark, NJ 07104

Waiting List Forecast: Likely Short or None

check_circleVerified for 2022 by Connor Bailey, Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 3 Beds	1 - 2 Baths	-

Call (973) 744-5410

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.

The Lantana is a scattered-site, affordable rental community featuring 72 apartments at two sites in the Central Ward of City of Newark.

The apartments are consisted of spacious floor plans including modern, efficient appliances. Both sites are located less than 15 minutes away from Newark Broad Street with direct lines into Newark Penn Station.

The first site is located at 109 Broad Street and offers 60 units consisting of one, two, and three bedroom apartments.

The second site is located at 130 North 11th Street and offers 12 units consisting of one, two, and three bedroom apartments.

The Lantana apartments are reserved for low and moderate income households. Minimum and maximum income limits apply. Please contact us to be notified when our waitlist opens.

Dave's Thoughts On The Lantana

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 The Lantana 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

The Lantana Amenities

Elevator
Fitness Center
Community Room
Covered Parking
Off-Street Parking
Air Conditioning
Dishwasher
Window Coverings
Carpet
Refrigerator
Oven and Range
On-Site Maintenance
Laundry Facilities
Energy Efficient Appliances

Units at The Lantana

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price^†
Two Bedroom (2/1)	-	Call for Price^†
Three Bedroom (3/2)	-	Call for Price^†

Income Qualification for The Lantana

*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	5 people	6 people
50% AMI for LIHTC Units	$42,650 / year	$48,750 / year	$54,850 / year	$60,900 / year	$65,800 / year	$70,650 / year
50% AMI for PBRA Units	$42,650 / year	$48,750 / year	$54,850 / year	$60,900 / year	$65,800 / year	$70,650 / year
60% AMI for LIHTC Units	$51,180 / year	$58,500 / year	$65,820 / year	$73,080 / year	$78,960 / year	$84,780 / year

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

FAQs for The Lantana

Does The Lantana have a waiting list?

The Lantana 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 The Lantana?

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 The Lantana?

The Lantana is managed by RPM Development Group headquartered in Montclair, NJ.

In addition to The Lantana, how many other affordable housing properties (and units) are there in Newark?

In addition to The Lantana, we list 249 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 The Lantana listing last updated?

The Lantana listing on Affordable Housing Online was last updated on 12/28/2022 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.