Affordable Housing In Phillipsburg
Warren County, New Jersey

7 Low Income Apartment Communities In Phillipsburg

Alternatives Homes 2004

20 James Ave
Phillipsburg, NJ
Accessible
Disabled Supportive Housing
Subsidized

Lopatcong Consumer Home

150 S 7th St
Phillipsburg, NJ
Accessible
Disabled Supportive Housing
Subsidized

Pohatcong Consumer Home

415 Liggett Blvd
Phillipsburg, NJ
Accessible
Disabled Supportive Housing
Subsidized

Clymer Village

211 Red School Ln
Phillipsburg, NJ
62+
Accessible
Elderly Supportive Housing
Subsidized

Heckman Terrace

427 Watson Pl
Phillipsburg, NJ

Heckman House

525 Fisher Ave
Phillipsburg, NJ

Don Ver Apartments 707

169 S Main St
Phillipsburg, NJ
HCV Welcome
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Housing Authorities that serve Phillipsburg

Housing Authority Programs
Phillipsburg Housing Authority Public Housing
Phillipsburg DCD Section 8 Housing Choice Voucher (HCV)
Warren County 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 Phillipsburg, New Jersey

There are 7 low income housing apartment communities offering 685 affordable apartments for rent in Phillipsburg, New Jersey. Phillipsburg features 675 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 10 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Phillipsburg.

Sourced from federal housing data and AffordableHousingOnline.com research.

Phillipsburg, NJ Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 685
Total Housing Units with Rental Assistance 675
Percentage of Housing Units Occupied By Renters 46.96%
Average Renter Household Size 2.34
Average Household Size 2.40
Median Household Income $44,537 ±$4,429
Median Rent $875 ±$29
Percentage Of Renters Overburdened 49.16% ± 7.24pp
Total Population 14,608

Population and Household Demographics

Phillipsburg is a City in Warren County, New Jersey with a population of 14,608. There are 6,061 households in the city with an average household size of 2.40 persons. 46.96% of households in Phillipsburg are renters.

Income and Rent Overburden in Phillipsburg

The median gross income for households in Phillipsburg is $44,537 a year, or $3,711 a month. The median rent for the city is $875 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Phillipsburg, a household making less than $2,917 a month would be considered overburdened when renting an apartment at or above the median rent. 49.16% of households who rent are overburdened in Phillipsburg.1

Area Median Income In Phillipsburg

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 Phillipsburg, the AMI is calculated from all households within Warren County.

In Phillipsburg, HUD calculates the Area Median Income for a family of four as $103,400

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 Phillipsburg

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 Phillipsburg HUD Rental Assistance in Phillipsburg

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $21,700 $24,800 $27,900 $31,000 $33,500 $36,000 $39,010 $43,430
50% of Median $36,200 $41,400 $46,550 $51,700 $55,850 $60,000 $64,150 $68,250
80% of Median $52,850 $60,400 $67,950 $75,500 $81,550 $87,600 $93,650 $99,700
Low Income Housing Tax Credits in Phillipsburg

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 2005 to 2005, 1 low income apartment communities containing 10 rental apartments have been constructed and made affordable to low income persons in Phillipsburg by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Phillipsburg

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $36,200 $41,400 $46,550 $51,700 $55,850 $60,000 $64,150 $68,250
60% of Median $43,440 $49,680 $55,860 $62,040 $67,020 $72,000 $76,980 $81,900

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Phillipsburg is $55,860 a year, or $4,655 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,655 by 30% to get a maximum rent of $1,397 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $905 $970 $1,164 $1,344 $1,500 $1,655
60% $1,086 $1,164 $1,397 $1,613 $1,800 $1,986
Fair Market Rents in Phillipsburg

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$845 $963 $1,171 $1,463 $1,641