395 Halsey Street Unit 120, Newark, NJ 07102
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | - |
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.
PLEASE BE ADVISED THE WILLOWS AT SYMPHONY HALL HAVE NO AVAILABILITY AT THIS TIME AND ARE OPERATING OFF A VERY LONG WAIT LIST.
The Willows at Symphony Hall is a new 60 unit affordable rental community located in the Lincoln Park region of Newark, NJ. The community consists of one and two bedroom apartments featuring a full host of amenities including fully-equipped kitchens, washers & dryers, large closets, instant hot water, plank flooring, balconies and energy efficient appliances and finishes. The community will cater to artists with designated artist spaces throughout the community, as well as a fitness center, playground, furnished sundecks, on-site management and off-street parking. This low-to-moderate income housing community will also offer accessible rentals. Symphony Hall is convenient to major highways, public transportation, local arts centers, theaters and green spaces as well as area shopping and dining.
Because The Willows at Symphony Hall participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price† |
| 2 Bedroom (2/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $25,600 / year | $29,250 / year | $32,900 / year | $36,550 / year |
| 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 |
| 80% AMI for PBRA Units | $66,300 / year | $75,750 / year | $85,200 / year | $94,650 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Willows at Symphony Hall have a waiting list?
The Willows at Symphony Hall 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 Willows at Symphony Hall?
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 Willows at Symphony Hall?
The Willows at Symphony Hall is managed by Ingerman Property Management headquartered in Collingswood, New Jersey.
In addition to The Willows at Symphony Hall, how many other affordable housing properties (and units) are there in Newark?
In addition to The Willows at Symphony Hall, 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 Willows at Symphony Hall listing last updated?
The Willows at Symphony Hall listing on Affordable Housing Online was last updated on 01/26/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
671 Dr. Martin Luther King Jr. Blvd, Newark, New Jersey 07102
195 W Kinney St , Newark, New Jersey 07103
440 Washington Street, Newark, New Jersey 7102
Wait until you have a Section 8 voucher to find housing.
It usually takes months or years to reach the top of a Section 8 HCV waiting list. Any apartments you see now will likely not be available when you get your voucher.Kara Jensen says:
"I get nothing but correct information and proper answers to my questions from Affordable Housing Online."