600 Parents Blvd Toms River, NJ , Toms River, NJ 08755
Waiting List Forecast: Likely Short or None
Verified for 2023 by Ric Gresia| Rent | 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.
Sited near US Route 9, NJ Route 70 and County Roads 527 and 571, Freedom Village at Toms River provides easy access to the main shopping/business area of Toms River, Ocean County Mall, and the Garden State Parkway. It is also 30 minutes from the beaches of Seaside Heights and Seaside Park.
This inclusive community provides barrier free accessible housing for people with mobility problems and also appeals to families who want spacious apartments in a quiet neighborhood.
Freedom Village at Toms River consists of six two-story apartment buildings with 12 units each with one-, two-, and three-bedroom rental apartments. There is also a community center that has administrative and maintenance offices along with a large great room for tenant activities. Transportation is available through New Jersey Transit buses and, for those who qualify, New Jersey Transit’s Access Link.
A preference will be given to households that live or work in Housing Region #4 as designated by the State of New Jersey consisting of Mercer, Monmouth, and Ocean Counties.
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 Freedom Village at Toms River 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.
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| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $45,150 / year | $51,600 / year | $58,050 / year | $64,500 / year | $69,700 / year | $74,850 / year | $80,000 / year | $85,150 / year |
| 50% AMI for PBRA Units | $45,150 / year | $51,600 / year | $58,050 / year | $64,500 / year | $69,700 / year | $74,850 / year | $80,000 / year | $85,150 / year |
| 60% AMI for LIHTC Units | $54,180 / year | $61,920 / year | $69,660 / year | $77,400 / year | $83,640 / year | $89,820 / year | $96,000 / year | $102,180 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Freedom Village at Toms River have a waiting list?
Freedom Village at Toms River 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 Freedom Village at Toms River?
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.
What property management company manges Freedom Village at Toms River?
Freedom Village at Toms River is managed by Project Freedom Inc. headquartered in Robbinsville, NJ.
In addition to Freedom Village at Toms River, how many other affordable housing properties (and units) are there in Toms River?
In addition to Freedom Village at Toms River, we list 11 other affordable properties in Toms River. Learn about these properties here. Our data research shows that there are a total of 1011 affordable units in Toms River.
When was the Freedom Village at Toms River listing last updated?
Freedom Village at Toms River listing on Affordable Housing Online was last updated on 12/04/2023 by Ric Gresia. Remember, a property's status can change so you should contact the property to confirm.
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