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Affordable Housing Option in Brick, NJ: Chambers Bridge Residence Overview: Chambers Bridge Residence offers a range of Low-Income Housing Tax Credit apartments in Brick, NJ. These rental units are designed to provide affordable housing options for individuals who meet the specific program rent and income restrictions. Incentives for Affordable Housing: Supported by the LIHTC, Chambers Bridge Residence contributes to the availability of affordable housing for low-income individuals. Builders and developers are motivated to offer these apartments by the incentives provided through the LIHTC program. Rent and Income Restrictions: The maximum rent for these apartments is determined based on the Area Median Income (AMI). As a result, the affordability of Chambers Bridge Residence may vary for low-income individuals depending on the AMI and current rental rates. It is advisable to check the ongoing rental rates to determine whether this option is financially feasible for you. Apartment Details: Chambers Bridge Residence comprises 183 apartments, including both one and two-bedroom units. Please note that these apartments may have waiting lists, as is common in many housing communities. Application and Eligibility: To apply and determine if you qualify for residency at Chambers Bridge Residence, you can directly contact the management using the provided contact number. They will guide you through the application process and assess your eligibility for this affordable housing opportunity.
175 Chambersbridge Rd, Brick, NJ 08723
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