6 Lindbergh Ave, Warren, NJ 07059
Waiting List Forecast: Likely Short or None
Verified for 2021 by Connor Bailey, Ric Gresia, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | - |
This property is currently under construction.
Projected opening in Winter 2022
The Woods at Warren is an 80-unit community that will consist of five three-story buildings as well as one clubhouse building. The development will serve households with incomes at or below 60% AMI with 8 units at 20% AMI, 3 units at 30% AMI, 29 units at 50% AMI and 40 units at 60% AMI. An on-site coordinator helps to connect residents with a wide array of comprehensive supportive services including health screenings, nutrition programs, benefits assistance, and financial literacy seminars. Five supportive housing units are set aside for homeless residents, referred by the Somerset County Continuum of Care. Services for supportive housing residents are designed to allow tenants to remain self-sufficient. Three units received a Section 811 subsidy under the Money Follows the Person Housing Partnership Program and are be set-aside for individuals leaving development centers and/or qualified individuals ages 18-61 who are transitioning from nursing facilities to community settings.
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 The Woods at Warren 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Call for Price† |
| 2 Bedroom (2/1) | - | Call for Price† |
| 3 Bedroom (3/2) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $50,050 / year | $57,200 / year | $64,350 / year | $71,450 / year | $77,200 / year | $82,900 / year |
| 50% AMI for PBRA Units | $50,050 / year | $57,200 / year | $64,350 / year | $71,450 / year | $77,200 / year | $82,900 / year |
| 60% AMI for LIHTC Units | $60,060 / year | $68,640 / year | $77,220 / year | $85,740 / year | $92,640 / year | $99,480 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Woods at Warren have a waiting list?
The Woods at Warren 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 The Woods at Warren?
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 The Woods at Warren?
The Woods at Warren is managed by The Gershen Group, LLC headquartered in Princeton, New Jersey.
In addition to The Woods at Warren, how many other affordable housing properties (and units) are there in Warren?
In addition to The Woods at Warren, we list 2 other affordable properties in Warren. Learn about these properties here. Our data research shows that there are a total of 91 affordable units in Warren.
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