Affordable Housing In Pennsauken Township
Camden County, New Jersey

5 Low Income Apartment Communities In Pennsauken Township

Brittin Village

3911 Federal Street
Pennsauken Township, New Jersey
Call For Rent
1-3 BR

Stonegate at St. Stephen

5101 Stonegate Drive
Pennsauken Township, New Jersey
Income Based
1 BR
62+
Elderly Supportive Housing
Accessible
Subsidized

Pennsauken Towers

8001 Maple Ave
Pennsauken Township, New Jersey
Subsidized

Sycamore Ridge Apartments

3731 Herbert Ave
Pennsauken Township, New Jersey
Subsidized

Pennsauken Senior Housing

5610 S Crescent Blvd
Pennsauken Township, New Jersey
Subsidized
62+
Accessible
Elderly Supportive Housing
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Housing Authorities that serve Pennsauken Township

Housing Authority Programs
Pennsauken Housing Authority Section 8 Housing Choice Voucher (HCV)
State of New Jersey Department of Community Affairs Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Pennsauken Township, New Jersey

There are 5 low income housing apartment communities offering 614 affordable apartments for rent in Pennsauken Township, New Jersey.

Income Based Apartments in Pennsauken Township, New Jersey

Pennsauken Township features 548 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Pennsauken Township, New Jersey

There are 66 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pennsauken Township.

Housing Choice Vouchers in Pennsauken Township, New Jersey

On average, Section 8 Housing Choice vouchers pay Pennsauken Township landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Pennsauken Township.

The maximum amount a voucher would pay on behalf of a low-income tenant in Pennsauken Township, New Jersey for a two-bedroom apartment is between $1,134 and $1,386.

2021 Pennsauken Township, New Jersey Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Pennsauken Township, New Jersey Fair Market Rent $900 $1,040 $1,260 $1,567 $1,796
Pennsauken Township, New Jersey Payment Standard Range $810 to $990 $936 to $1,144 $1,134 to $1,386 $1,410 to $1,724 $1,616 to $1,976

Sourced from federal housing data and AffordableHousingOnline.com research.

Pennsauken Township, NJ Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 614
Total Housing Units with Rental Assistance 548
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Pennsauken Township is a city in Camden County, New Jersey with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Pennsauken Township are renters.

Income and Rent Overburden in Pennsauken Township

The median gross income for households in Pennsauken Township is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Pennsauken Township

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Pennsauken Township, the AMI is calculated from all households within Camden County.

In Pennsauken Township, HUD calculates the Area Median Income for a family of four as $94,500

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Pennsauken Township

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Pennsauken Township

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Pennsauken Township AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,850 $22,700 $25,550 $28,350 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Pennsauken Township AMI may qualify for rental assistance programs that target Very Low Income households.
$33,100 $37,800 $42,550 $47,250 $51,050 $54,850 $58,600 $62,400
80% AMI Income Limits
Renters earning up to 80% of the Pennsauken Township AMI may qualify for rental assistance programs that target Low Income households.
$52,950 $60,500 $68,050 $75,600 $81,650 $87,700 $93,750 $99,800