Birchwood at Hopewell is a 150 unit affordable housing development for active seniors in the suburban community of Hopewell, NJ. The location provides easy access to I-95, 295, and other major roadways as well as numerous restaurants, grocery stores, and convenient shopping within one block. The complex includes 114 one- and 36 two-bedroom apartments in a single 3-story elevator building. Each apartment includes wall-to-wall carpeting, private patio/balconies, and energy-efficient air conditioning and heating. Kitchens are equipped with gourmet appliance packages including dishwashers and garbage disposals. Additionally, each unit has grab bars. The property provides luxury amenities to residents including a fully equipped exercise room, multiple activity parlors, and several library/social rooms. Residents can enjoy an outdoor recreation area complete with bocce ball and shuffleboard courts.
|One Bedroom (1/1)||-||Call for Price|
|Two Bedroom (2/1)||-||Call for Price|
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.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Pennington but actual income limits may differ for units at Birchwood at Hopewell.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$37,400||$42,750||$48,100||$53,400||$57,700||$61,950||$66,250||$70,500|
|Low Income (60%)||$44,880||$51,300||$57,720||$64,080||$69,240||$74,340||$79,500||$84,600|
Birchwood at Hopewell is managed by Ingerman Property Management.