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.
PLEASE BE ADVISED WE HAVE NO AVAILABILITY AT THIS TIME AND ARE OPERATING OFF A VERY LONG WAIT LISTLast updated on May 7th, 2018
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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.
This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.
The Willows at Symphony Hall is managed by Ingerman Property Management.