2101 Allenwood Rd., Wall, NJ 07719
Waiting List Forecast: Likely Short or None
Verified for 2022 by Connor Bailey, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $524 - 1,125 per Month† | Studio - 2 Beds | 1 Bath | 550 - 1,000 Sq Ft |
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.
Experience timeless living within a community that sets the stage for quality and sophistication. Ideally located in Wall Township, NJ, Allenwood Terrace is minutes from top-rated restaurants, renowned local attractions and iconic sport venues. Their spacious homes and impressive amenity collection facilitate a lifestyle of comfort and ease. Curated monthly events promote a vibrant social calendar while a dedicated management team works to deliver an exceptional living experience. Come home to timeless living redefined at Allenwood Terrace.
Because Allenwood Terrace participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Depending on the number of HOME-designated units and the type of LIHTC program, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | 550ft2 | $524 $859† |
| One Bedroom (1/1) | 760ft2 | $560 $1,125† |
| Two Bedroom (2/1) | 1000ft2 | $676 $1,107† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $45,150 / year | $51,600 / year | $58,050 / year | $64,500 / year |
| 50% AMI for PBRA Units | $45,150 / year | $51,600 / year | $58,050 / year | $64,500 / year |
| 60% AMI for LIHTC Units | $54,180 / year | $61,920 / year | $69,660 / year | $77,400 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Allenwood Terrace have a waiting list?
Allenwood Terrace 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 Allenwood Terrace?
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 Allenwood Terrace?
Allenwood Terrace is managed by Richman Property Services, Inc. headquartered in Tampa, FL.
In addition to Allenwood Terrace, how many other affordable housing properties (and units) are there in Monmouth County?
In addition to Allenwood Terrace, we list 170 other affordable properties in Monmouth County. Learn about these properties here. Our data research shows that there are a total of 7729 affordable units in Monmouth County.
When was the Allenwood Terrace listing last updated?
Allenwood Terrace listing on Affordable Housing Online was last updated on 12/28/2022 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
Affordable housing is for both families and individuals.
There is no requirement to have family members or children to live in affordable housing. Single persons are eligible for housing.Gina Pocan says:
"Thank you, Affordable Housing Online, for being there for some of the most vulnerable people."