Walker House

540 Broad St, Newark, New Jersey 07102

Walker House is a newly renovated affordable housing community offering studio, one, two, and three bedroom options.

Units

Unit (Bd/Ba)	Ft2	Rent
Studio (Studio/1)	561-795	From $1,895 To $2,295
One Bedroom (1/1)	768-882	From $2,300 To $2,505
Two Bedroom (2/2)	1091-1288	From $3,158 To $3,354
Three Bedroom (3/2)	1288	$3,800

Walker House Details

• 264 studio, one, two and three bedroom units.
• Low-Income Housing Tax Credit (LIHTC)

Low-Income Housing Tax Credit (LIHTC)

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.

Nearby Low Income Apartment Communities