Heritage Village at Bloomfield

390 Franklin Street, Bloomfield, New Jersey 07003

Contact Heritage Village at Bloomfield

Located in the heart of historic downtown Bloomfield, a 55+ adult community for income qualified residents is now open.
Offering spacious floor plans of one and two bedroom apartments, this 5-story architecturally pleasing community features an array of modern amenities including energy efficient appliances, hardwood parquet floors, tiled kitchen and bathrooms, emergency pull cords, key fob entry into the building, and on-site parking. The first floor of the building houses a beautiful 1,400 square foot community room with a gas fire place, kitchen, and flat screen tv. Additional community spaces include a fitness center, library with computer nook, a health and wellness room, and a landscaped entryway. Heritage Village at Bloomfield is also a 100% Smoke Free Community.

Unit (Bd/Ba)	Ft²	Rent
1-Bedroom (1/1)	687	From $857 To $1,046
2-Bedroom (2/1)	906	From $1,256

Eligibility for Heritage Village at Bloomfield

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 Bloomfield but actual income limits may differ for units at Heritage Village at Bloomfield.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$42,650	$48,750	$54,850	$60,900
Low Income (60%)	$51,180	$58,500	$65,820	$73,080

Heritage Village at Bloomfield Details

81 one and two bedroom units.
Mid Rise
Low-Income Housing Tax Credit (LIHTC)

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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