Built in 2008, Glasstown Residence at River Park in New Jersey’s first affordable “GREEN” Senior Housing Development. Glasstown Residence offers affordably priced rental apartments to adults 55 and over. Each fully carpeted, 1 bedroom apartment features a spacious living room and dining room combination, full bath and a kitchen with eco-friendly electric range & refrigerator. Come check out your new home and schedule a tour with them!
Pet Policy: Please call our Leasing Office for complete Pet Policy information.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 637 | Call for Price |
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 Millville but actual income limits may differ for units at Glasstown Residence at River Park.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $29,750 | $34,000 | $38,250 | $42,500 | $45,900 | $49,300 | $52,700 | $56,100 |
Low Income (60%) | $35,700 | $40,800 | $45,900 | $51,000 | $55,080 | $59,160 | $63,240 | $67,320 |
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.