Park Terrace Apartments

321 Park Ave, East Orange, New Jersey 07017

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Eligibility for Park Terrace Apartments

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 East Orange but actual income limits may differ for units at Park Terrace Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $25,600 $29,250 $32,900 $36,550 $39,500 $42,400 $45,420 $50,560
50% $42,650 $48,750 $54,850 $60,900 $65,800 $70,650 $75,550 $80,400
80% $66,300 $75,750 $85,200 $94,650 $102,250 $109,800 $117,400 $124,950

Park Terrace Apartments Details

  • 39 bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Section 221 (d) (3)
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.

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