Scattered Sites, Perth Amboy, NJ 08861
Waiting List Forecast: Likely Short or None
Verified for 2022 by Connor Bailey, Colleen Carter, Joshua CappellRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | Floorplan Info Upon Request | - | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
The Dunlap RAD LLC administers 213 Project Based Voucher (PBV) units in four (4) multifamily complexes. The RAD provides safe and decent housing to low income families, senior citizens, and disabled individuals. These units are financed through HUD’s section 8 program and NJHMFA low-income tax credits (LIHTC). Applicants must be eligible according to the very-low income limits established by HUD. Families pay 30% of their total family adjusted gross income as rent, which is capped at the LIHTC maximum rents.
members, provide U.S. citizenship and/or immigration status and provide social security numbers. The RAD also does a credit, criminal and housing screening check through third party verification with other agencies and also computer matching. Upon completion of the screening process the eligible family or individual would be offered a unit according to family composition and family needs; handicapped accessible unit (accessible and designed with ramps, grab bar, lower counters).
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Dunlap RAD does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
---|---|---|---|---|---|---|---|---|
50% AMI for LIHTC Units | $50,050 / year | $57,200 / year | $64,350 / year | $71,450 / year | $77,200 / year | $82,900 / year | $88,600 / year | $94,350 / year |
50% AMI for PBRA Units | $50,050 / year | $57,200 / year | $64,350 / year | $71,450 / year | $77,200 / year | $82,900 / year | $88,600 / year | $94,350 / year |
60% AMI for LIHTC Units | $60,060 / year | $68,640 / year | $77,220 / year | $85,740 / year | $92,640 / year | $99,480 / year | $106,320 / year | $113,220 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Dunlap RAD have a waiting list?
Dunlap RAD probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Dunlap RAD?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
In addition to Dunlap RAD, how many other affordable housing properties (and units) are there in Perth Amboy?
In addition to Dunlap RAD, we list 16 other affordable properties in Perth Amboy. Learn about these properties here. Our data research shows that there are a total of 1112 affordable units in Perth Amboy.
113 James St, Perth Amboy, New Jersey 08861
618 New Brunswick Ave, Perth Amboy, New Jersey 08861
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Marla Senter says:
"Affordable Housing Online is the most cohesive and correct information on housing out there online or off."