NEWTON TOWN CENTRE SENIOR HOUSING

225 Spring Street, Newton, New Jersey 07860

Apartments are reserved for low and moderate income households. 
Minimum and maximum income limits apply.

This project has been funded and will begin construction soon.

NEWTON TOWN CENTRE SENIOR HOUSING Details

  • 65 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Community Room
  • On-Site Manager
  • Outings, events, & activities

Unit Amenities

  • Dishwasher
  • Hardwood Floors
  • Stainless Steel Appliances
  • Newly Remodeled Kitchens

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.

NEWTON TOWN CENTRE SENIOR HOUSING is managed by RPM Development Group.

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Image of NEWTON TOWN CENTRE SENIOR HOUSING
Image of NEWTON TOWN CENTRE SENIOR HOUSING
Image of NEWTON TOWN CENTRE SENIOR HOUSING
Image of NEWTON TOWN CENTRE SENIOR HOUSING