Samuel Kronman Apartments

242 S 6th Ave, Highland Park, New Jersey 08904

The Samuel Kronman Apartments are an affordable community. This community is for residents 62 years and older.

Eligibility for Samuel Kronman 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 Highland Park but actual income limits may differ for units at Samuel Kronman Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $30,000 $34,300 $38,600 $42,850 $46,300 $49,750 $53,150 $56,600
50% $50,050 $57,200 $64,350 $71,450 $77,200 $82,900 $88,600 $94,350
80% $66,750 $76,250 $85,800 $95,300 $102,950 $110,550 $118,200 $125,800

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 Highland Park but actual income limits may differ for units at Samuel Kronman Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $50,050 $57,200 $64,350 $71,450 $77,200 $82,900 $88,600 $94,350

Samuel Kronman Apartments Details

  • 100 bedroom units.
  • Rental Assistance Demonstration (RAD)
  • Section 8 Project-Based Voucher (PBV)
Rental Assistance Demonstration (RAD)

Since this property is subsidized in part through the Rental Assistance Demonstration (RAD), some apartments may have Section 8 Project-Based Rental Assistance (PBRA) or Section 8 Project-Based Vouchers (PBV). With either type of subsidy, tenant rent payments are 30% of their adjusted monthly income. Households earning less than 80% of the area median income may qualify for PBRA or PBV reduced rents. Some of these subsidized apartments may be reserved for extremely low-income households earning less than 30% of the area median income. If the apartment has a PBV, the tenant may qualify for a Section 8 Housing Choice Voucher (HCV) after living there at least one year. Some rental units in this property may not have PBRA or PBV subsidies and therefore may have higher rents.

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