Heritage Village at Ocean

400 Stacey Drive, Ocean, New Jersey 07712

Contact Heritage Village at Ocean

Heritage Village at Ocean is a 55+ Adult Community located in beautiful Ocean Township, Monmouth County. Nestled in a secluded, tranquil, preserved wooded setting with acres of mature trees and the beautiful sounds of nature, these spacious 1 bedroom /1 bath apartment homes feature bright airy living rooms and bedrooms. The apartments have nicely appointed new carpet, fresh paint and window coverings.

It doesn't stop there; all apartments have central air and gas heat, as well as a LARGE walk in closet, washer/dryer and full size appliances. This community also features common areas that are both spacious and relaxing. In the summer, you can sit by the pool, play tennis or just relax. In the winter, you can grab a book from their library in the club house and spend the day reading next to the fire place or come and play Bingo with your neighbors any season.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	700	From $1,287

Eligibility for Heritage Village at Ocean

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 Ocean but actual income limits may differ for units at Heritage Village at Ocean.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Low Income (60%)	$54,180	$61,920	$69,660	$77,400	$83,640	$89,820	$96,000	$102,180

Heritage Village at Ocean Details

96 one bedroom units.
HOME Investment Partnerships Program
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Elevator
Tennis Court
Community Room
Clubhouse
On-Site Manager
Off-Street Parking
On-Site Maintenance
Swimming pool

Unit Amenities

Cable Ready
Window Coverings
Carpet
Keyless Entry Access
Refrigerator
Oven and Range
Central Heat & Air
Washer and Dryer Included
Energy Efficient Appliances
Large Closets

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

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

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.