Heritage Square II is managed by Mercer County Housing Authority.
The Heritage Square complex of 2 two-story buildings has 5 units on each level in each building. There are 16 one-bedroom units on the first floor and 4 two bedroom units. This picturesque community is located within walking distance of the Mercer County Courthouse Square. The complex features a community room and well-maintained grounds.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 704 | Call for Price |
Two Bedroom (2/1) | 905 | Call for Price |
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 Mercer but actual income limits may differ for units at Heritage Square II.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $35,150 | $40,200 | $45,200 | $50,200 |
Low Income (60%) | $42,180 | $48,240 | $54,240 | $60,240 |
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.