Atlantic Marina

732 N Maryland Ave, Atlantic City, New Jersey 8401

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Message Atlantic Marina

Atlantic Marina is managed by The Michaels Organization.

Atlantic Marina Apartments offers 295 spacious apartment homes. They are a mixed finance garden style community located in the marina district of Atlantic City. Atlantic Marina is within walking distance of the Atlantic Ocean and the AC Boardwalk. Here at Atlantic Marina, the excellent staff and active residents strive to maintain a community of quality.

Pet Policy: Please call our Leasing Office for complete Pet Policy information.

 

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Income Based

Eligibility for Atlantic Marina

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Atlantic City but actual income limits may differ for units at Atlantic Marina.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $18,750 $21,400 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% $31,200 $35,650 $40,100 $44,550 $48,150 $51,700 $55,250 $58,850
80% $49,950 $57,050 $64,200 $71,300 $77,050 $82,750 $88,450 $94,150

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 Atlantic City but actual income limits may differ for units at Atlantic Marina.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $31,200 $35,650 $40,100 $44,550 $48,150 $51,700 $55,250 $58,850

Atlantic Marina Details

  • 295 one bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 221 (d) (3)

Property Amenities

  • 24hr Emergency Maintenance
  • On-Site Parking
  • Laundry Facilities
  • 24 Hour Maintenance

Office Hours

Day Hours
Monday 8:00am-5:00pm
Tuesday 8:00am-5:00pm
Wednesday 8:00am-5:00pm
Thursday 8:00am-5:00pm
Friday 8:00am-5:00pm
Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.

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