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Pennsville Towers

40 Eaton Rd, Pennsville, New Jersey 08070

Pennsville Towers is a Section 8 Elderly and Disabled high-rise apartment complex located in Pennsville, New Jersey. Our residents enjoy beautifully landscaped grounds with a gazebo. Our community room is equipped with full kitchen, large screen TV, and shuffle board table. We are affiliated with many food banks and social services programs including our on site Better Tomorrow Social Service Coordinator. Join us today for a tour of your new home.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Income Based

Pennsville Towers Details

  • 100 one bedroom units.
  • Section 202 Supportive Housing for the Elderly

Property Amenities

  • Community Room
  • Laundry Facilities
  • 24 Hour Maintenance

Unit Amenities

  • Private Patio/Balcony

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

Pennsville HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Pennsville but actual income limits may differ for units at Pennsville Towers.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $20,300 $23,200 $26,100 $29,000 $31,350 $35,160 $39,640 $44,120
50% $33,850 $38,650 $43,500 $48,300 $52,200 $56,050 $59,900 $63,800
80% $54,150 $61,850 $69,600 $77,300 $83,500 $89,700 $95,900 $102,050

Pennsville Towers is managed by The Michaels Organization.

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