Eligibility for Newark Village
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 Newark but actual income limits may differ for units at Newark Village.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% | $20,850 | $23,800 | $26,800 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
| 50% | $34,750 | $39,700 | $44,650 | $49,600 | $53,600 | $57,550 | $61,550 | $65,500 |
| 80% | $55,550 | $63,500 | $71,450 | $79,350 | $85,700 | $92,050 | $98,400 | $104,750 |
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 Newark but actual income limits may differ for units at Newark Village.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| Very Low Income (50%) | $34,750 | $39,700 | $44,650 | $49,600 | $53,600 | $57,550 | $61,550 | $65,500 |
Newark Village Details
- 46 bedroom units.
- Section 8 Project-Based Rental Assistance (PBRA)
- Section 221 (d) (3)
Section 8 Project-Based Rental Assistance (PBRA)
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
Nearby Low Income Apartment Communities like Newark Village
Concord Apartments
© 2002-2024 ApartmentSmart.com, Inc.
Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.