50 LACEY RD, Weston, NJ 08759
Waiting List Forecast: Likely Short or None
Verified for 2021 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | 504 - 1,041 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.
Crestwood Manor's comfortable senior community in Ocean County offers independent living apartments that feature spacious floor plans, including new open-concept apartment homes, plenty of storage space and beautiful views of our park-like grounds from a private, screened-in porch. Here, community activities such as Happy Hours, practicing in the chorale group or hopping on Crestwood Manor’s bus to go shopping or dining in Whiting allow you to socialize and connect with neighbors and friends. You’ll also appreciate that with their full continuum of care , you’ll have access to personal care or skilled nursing services, all from a compassionate staff who quickly becomes your family.
Section 811
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 Crestwood Manor 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 |
|---|---|---|
| The Cypress- 1 Bedroom with den (1/1.5) | 1038ft2 | Call for Price† |
| The Hawthorne- 1 Bedroom with den (1/1.5) | 1041ft2 | Call for Price† |
| The Juniper (1/1) | 504ft2 | Call for Price† |
| The Bayberry (1/1) | 624ft2 | Call for Price† |
| The Laurel (1/1) | 624ft2 | Call for Price† |
| The Spruce (1/1) | 672ft2 | Call for Price† |
| The Dogwood (1/1) | 672ft2 | Call for Price† |
| The Maple (2/2) | 1008ft2 | Call for Price† |
| The Oak (2/1.5) | 888ft2 | Call for Price† |
| The Cedar (2/1.5) | 888ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $30,000 / year | $34,300 / year | $38,600 / year | $42,850 / year |
| 50% AMI for LIHTC Units | $50,050 / year | $57,200 / year | $64,350 / year | $71,450 / year |
| 50% AMI for PBRA Units | $50,050 / year | $57,200 / year | $64,350 / year | $71,450 / year |
| 60% AMI for LIHTC Units | $60,060 / year | $68,640 / year | $77,220 / year | $85,740 / year |
| 80% AMI for PBRA Units | $66,750 / year | $76,250 / year | $85,800 / year | $95,300 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Crestwood Manor have a waiting list?
Crestwood Manor 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 Crestwood Manor?
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.
In addition to Crestwood Manor, how many other affordable housing properties (and units) are there in Somerset County?
In addition to Crestwood Manor, we list 51 other affordable properties in Somerset County. Learn about these properties here. Our data research shows that there are a total of 2027 affordable units in Somerset County.
Applying for housing with bad credit.
Most HUD housing programs, like Section 8 and Public Housing, do not have a credit check. But Section 8 landlords will likely require one for an available unit.Marla Senter says:
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