Waterfront Village is managed by The Michaels Organization.
Waterfront Village is an Affordable 55+ Community located in Bordentown, NJ. They have 70 large 1-bedroom apartments with energy-efficient appliances and central air, community room, laundry facilities & trash/recycle rooms on every floor, gym and walking path. Waterfront is available to seniors earning up to the 60% area median income and have 5 units specifically designated for homeless Veterans with earnings in the 20% area median income.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 630 | Call for Price |
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.