Silver Vista

2305 W Bangs Ave, Neptune, New Jersey 07753

Contact Silver Vista

Silver Vista located in Neptune, NJ offers comfortable affordable living for seniors 65 age and older. Silver Vista is located near the Garden State Parkway and Route 18. Close proximity to area beaches, shopping, dining, entertainment, and hospitals. They include with our residents a newly renovated kitchen as well as state of the art community room with 70-inch TV. Other amenities include on-site parking, game room, laundry room and computer room.

Pet Policy: Cats and Dogs are welcome. Max Number of Pets: 1

Pet Policy: Cats and Dogs 25 lbs and under permitted. There is a refundable $300.00 pet deposit.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	470	Income Based

Eligibility for Silver Vista

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 Neptune but actual income limits may differ for units at Silver Vista.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$27,100	$31,000	$34,850	$38,700	$41,800	$44,900	$48,000	$51,100
50%	$45,150	$51,600	$58,050	$64,500	$69,700	$74,850	$80,000	$85,150
80%	$66,300	$75,750	$85,200	$94,650	$102,250	$109,800	$117,400	$124,950

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 Neptune but actual income limits may differ for units at Silver Vista.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$45,150	$51,600	$58,050	$64,500	$69,700	$74,850	$80,000	$85,150

Silver Vista Details

81 one bedroom units.
Rental Assistance Payments (RAP)
Section 8 Project-Based Voucher (PBV)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)
Section 236

Property Amenities

Controlled Access
Community Room
Business Center
Library
On-Site Maintenance
Resident Lounge

Unit Amenities

Air Conditioning
Window Coverings
Refrigerator
Oven and Range
Large Closets
Heating

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	9:00am-5:00pm
Thursday	9:00am-5:00pm
Friday	9:00am-5:00pm

Rental Assistance Payments (RAP)

Since this property has received funding through the HUD Section 236 program and the Rental Assistance Program (RAP), a tenant who earns 50% of the Area Median Income (AMI) or less qualifies for rental assistance. The rental assistance limits the tenant rent contribution to the greater of 10% of their gross income, 20% of their adjusted income, or a designated portion of welfare assistance. If a tenant's income is above the 50% AMI level, they may still qualify to live here but not benefit from the rent subsidy.

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.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.

Images of Silver Vista

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