The Willows at Lincoln Park, located at 65 Lincoln Park in Newark, has one, two and three bedroom apartments. The Willows at Lincoln Park participates in the Low-Income Housing Tax Credit (LIHTC) program.
Last updated on April 23rd, 2018
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The Willows at Lincoln Park is a 66-unit affordable rental community designed as part of a larger urban eco-village in conjunction with the Lincoln Park Coast Cultural District in Newark, NJ. The community consists of 1, 2, and 3 bedroom apartments located in four different buildings. The apartments feature spacious floor plans, modern kitchens with premium appliances, ceramic tile bathrooms, hardwood floors, patios and balconies, and in-unit washers and dryers. The Willows at Lincoln Park is convenient to major highways, public transportation, area shopping, dining, and entertainment.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
The Willows at Lincoln Park is managed by Ingerman Property Management.