Hasen/ Stack RAD

333 Rector St, Perth Amboy, NJ 8861

Waiting List Forecast: Closed

check_circleVerified for 2023 by Connor Bailey, Lorena Bentley, Colleen Carter

Rent	Beds	Baths	SqFt
Call for Rents^†	Floorplan Info Upon Request	-	-

Call (732) 826-5240 Email

Waitlist Information

The Hansen Apartments RAD Waiting List

The Housing Authority of the City of Perth Amboy (HACPA) RAD Section 8 Project-Based Voucher waiting list for efficiency apartments at The Hansen Apartments is closed.

The HACPA last accepted applications for this waiting list from January 10, 2022, until January 16, 2022. There is no notice of when this waiting list will reopen.

To apply during the opening period, applicants were required to complete the online application.

Please note: According to the HACPA public notice, "Applications will be accepted from the following category of families:

U.S. Veterans (engaged in active duty or has honorable or general discharge) for which the head of household must be at least 62 years of age, or at least 18 years of age and disabled. The number of household members must be only 1 person.
Perth Amboy residents for which the head of household must be at least 62 years of age, or at least 18 years of age and disabled. The number of household members must be only 1 persons"

The maximum income limits for each household size were as follows:

1 Person $43,150

Preferences have not yet been confirmed.

Selected applicants were placed on the waiting list by random lottery.

For more information, visit the HACPA website.

Sources: This information was verified by the HACPA public notice on January 10, 2022.

Go to the public housing authority page for this waiting list >>

The Hansen RAD LLC administers 147 Project Based Voucher (PBV) units in two (2) senior citizens and/or disabled high rise buildings. The RAD provides safe and decent housing to 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.

Applicants must supply income of all family 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).

Dave's Thoughts On Hasen/ Stack RAD

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 Hasen/ Stack 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

Income Qualification for Hasen/ Stack RAD

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
30% AMI for PBRA Units	$30,000 / year	$34,300 / year	$38,600 / year	$42,850 / year	$46,300 / year	$49,750 / year	$53,150 / year	$56,600 / year
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
80% AMI for PBRA Units	$66,750 / year	$76,250 / year	$85,800 / year	$95,300 / year	$102,950 / year	$110,550 / year	$118,200 / year	$125,800 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Hasen/ Stack RAD

Does Hasen/ Stack RAD have a waiting list?

Hasen/ Stack RAD has a waiting list. See above for waiting list details.

Are rents subsidized at Hasen/ Stack 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 Hasen/ Stack RAD, how many other affordable housing properties (and units) are there in Perth Amboy?

In addition to Hasen/ Stack 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.

When was the Hasen/ Stack RAD listing last updated?

Hasen/ Stack RAD listing on Affordable Housing Online was last updated on 10/02/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.