Village at St. Peter's

21 W Black Horse Pike, Pleasantville, New Jersey 08232

Contact Village at St. Peter's

Village at St. Peter’s is a 76-unit affordable senior apartment building located in the center of downtown Pleasantville. Opened in 2013, Village at St. Peter’s serves individuals who are 62 or older. In 2019, the maximum income for a qualified one-person household is $26,950. The maximum income for a two-person household is $30,800. All residents qualify for rental subsidies. The tenant-paid portion of the monthly rent is set at 30% of the resident household income calculated in accordance with HUD income rules.

All of the apartments at St. Peter’s are one-bedroom units. Each apartment has a hallway foyer entrance that flows into the kitchen/living room area, carpeted bedroom with an ample closet, handicapped-accessible bathroom with walk-in shower and linen closet.

The building also provides several community spaces for the residents to enjoy time together, including park bench seating at the rear entry and a trellised side porch. The first floor features a large multipurpose room with an attached kitchen, which is where both formal and informal resident and management events are held. This room also is furnished with a large TV and DVD player and vending machines. The second floor is equipped with a television lounge and a free computer lab with multiple internet-enabled computers and printer for resident use. The third floor has a small library.

Eligibility for Village at St. Peter's

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 Pleasantville but actual income limits may differ for units at Village at St. Peter's.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$18,750	$21,400	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$31,200	$35,650	$40,100	$44,550	$48,150	$51,700	$55,250	$58,850
80%	$49,950	$57,050	$64,200	$71,300	$77,050	$82,750	$88,450	$94,150

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 Pleasantville but actual income limits may differ for units at Village at St. Peter's.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$31,200	$35,650	$40,100	$44,550	$48,150	$51,700	$55,250	$58,850
Low Income (60%)	$37,440	$42,780	$48,120	$53,460	$57,780	$62,040	$66,300	$70,620

Village at St. Peter's Details

74 bedroom units.
Section 202 Supportive Housing for the Elderly
Low-Income Housing Tax Credit (LIHTC)

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

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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