Elmwood Square

532 W. 2nd St., Plainfield, New Jersey 07060

Elmwood Square is a newly built affordable apartment community offering 2- and 3-bedroom units. This community also has a freestanding community building.

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/1) - Call for Price
Three Bedroom (3/1) - Call for Price

Eligibility for Elmwood Square

Elmwood Square Details

  • 58 two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Community Center
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.

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