Faison Mews is managed by Pennrose Management Company.
At Faison Mews, you’ll find a 62 and older senior apartment home located in the beautiful Parkside neighborhood of Camden, New Jersey. These apartments are located in a neighborhood where seniors want to live, with amenities designed to make seniors lives more enjoyable, and apartment features that are both modern and centered on comfort.
These elegant one-bedroom apartment homes feature an open design and large windows that make coming home something special. Adding to these wonderful comforts, you’ll also enjoy all the extras at Faison Mews such as a community room, outdoor porch with flower garden, off-street parking and updated on-site laundry.
Faison Mews is conveniently located just a few miles from the Camden waterfront. Living at Faison Mews allows residents to be close to shopping, dining, and entertainment that keep seniors happy and active.
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 Camden but actual income limits may differ for units at Faison Mews.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $39,100 | $44,650 | $50,250 | $55,800 | $60,300 | $64,750 | $69,200 | $73,700 |
Low Income (60%) | $46,920 | $53,580 | $60,300 | $66,960 | $72,360 | $77,700 | $83,040 | $88,440 |
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.