Dunlap RAD

Scattered Sites, Perth Amboy, New Jersey 08861

Contact Dunlap RAD

The Dunlap RAD LLC administers 213 Project Based Voucher (PBV) units in four (4) multifamily complexes. The RAD provides safe and decent housing to low income families, senior citizens, and disabled individuals. These units are financed through HUD’s section 8 program and NJHMFA low-income tax credits (LIHTC). Applicants must be eligible according to the very-low income limits established by HUD. Families pay 30% of their total family adjusted gross income as rent, which is capped at the LIHTC maximum rents.

members, provide U.S. citizenship and/or immigration status and provide social security numbers. The RAD also does a credit, criminal and housing screening check through third party verification with other agencies and also computer matching. Upon completion of the screening process the eligible family or individual would be offered a unit according to family composition and family needs; handicapped accessible unit (accessible and designed with ramps, grab bar, lower counters).

Eligibility for Dunlap RAD

Dunlap RAD Details

147 bedroom units.
Garden
Low-Income Housing Tax Credit (LIHTC)
Rental Assistance Demonstration (RAD)

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.