Don Ver Apartments 707

169 S Main St, Phillipsburg, New Jersey 08865

Don Ver Apartments 707 Details

  • 10 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Phillipsburg Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Phillipsburg but actual income limits may differ for units at Don Ver Apartments 707.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $36,150 $41,300 $46,450 $51,600 $55,750 $59,900 $64,000 $68,150
Low Income (60%) $43,380 $49,560 $55,740 $61,920 $66,900 $71,880 $76,800 $81,780

Nearby Low Income Apartment Communities

Lopatcong Consumer Home

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

Pohatcong Consumer Home

415 Liggett Blvd
Phillipsburg, New Jersey
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Alternatives Homes 2004

20 James Ave
Phillipsburg, New Jersey
Subsidized
Accessible
Accessible
Disabled Supportive Housing

Clymer Village

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