Townhouse Terrace East 1 is managed by The Michaels Organization.
Townhouse Terrace East offers 82 spacious apartment homes. Their community is family oriented and diverse in every way. This prime location allows for easy access to Route 30, public transportation, and the famous AC boardwalk. Join us today for a tour of your future home.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 584 | Call for Price |
2 Bedroom (2/1) | 1152 | Call for Price |
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 Townhouse Terrace East 1.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $18,750 | $21,400 | $24,860 | $30,000 |
50% | $31,200 | $35,650 | $40,100 | $44,550 |
80% | $49,950 | $57,050 | $64,200 | $71,300 |
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 Townhouse Terrace East 1.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $31,200 | $35,650 | $40,100 | $44,550 |
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.