Chambers Crescent

100 Chambers Crescent Court, Lakewood, New Jersey 08701

Contact Chambers Crescent

Chambers Crescent is a newly renovated Section 8 and LIHTC community located in Lakewood, New Jersey.

These remodeled 2 and 3 bedroom apartment homes now include central heating and air conditioning, washers and dryers, energy efficient appliances, private entrances, and on-site parking. This community also features a clubhouse, an on-site management office, and a tot lot. Chambers Crescent is close to both shopping and recreation.

If you need an application in Spanish, please contact us and we will send you one.

Chambers Crescent is a Section 8, affordable rental housing community and income restrictions apply:
Rent is based on 30% of household gross income.

Unit (Bd/Ba)	Ft²	Rent
Two Bedroom (2/1)	875	From $983
Three Bedroom (3/1.5)	975	From $1,279

Eligibility for Chambers Crescent

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 Lakewood but actual income limits may differ for units at Chambers Crescent.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
50%	$45,150	$51,600	$58,050	$64,500	$69,700	$74,850

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 Lakewood but actual income limits may differ for units at Chambers Crescent.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$45,150	$51,600	$58,050	$64,500	$69,700	$74,850
Low Income (60%)	$54,180	$61,920	$69,660	$77,400	$83,640	$89,820

Chambers Crescent Details

62 two and three bedroom units.
Townhouse
Low-Income Housing Tax Credit (LIHTC)
Rental Assistance Demonstration (RAD)
Section 221 (d) (3)

Property Amenities

Tot Lot
Clubhouse
On-Site Manager
Off-Street Parking
On-Site Maintenance

Unit Amenities

Washer and Dryer Hookup
Cable Ready
Blinds
Central Heat & Air
Energy Efficient Appliances

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.

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.