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Title: Heritage Village at Elizabeth - A Low-Income Housing Tax Credit Community in Elizabethport, NJ Introduction: Discover an affordable housing option at Heritage Village at Elizabeth, a Low-Income Housing Tax Credit (LIHTC) apartment complex located in Elizabethport, NJ. Supported by the LIHTC program, these rental apartments offer subsidized rents and income restrictions for eligible individuals and families. Incentives for Affordable Housing: Builders and developers are encouraged to provide affordable housing to low-income individuals through the LIHTC program. This initiative offers incentives to ensure that maximum rent is based on the Area Median Income (AMI), making it more accessible to those in need. However, please note that the AMI calculation can occasionally pose affordability challenges for low-income individuals. Affordability Considerations: To determine whether Heritage Village at Elizabeth aligns with your budget, it is advisable to check the current rental rates. While the LIHTC program aims to make housing more affordable, it is essential to be aware of any potential limitations imposed by the AMI calculation. Range of Apartments: Heritage Village at Elizabeth offers a total of 87 one and two-bedroom apartments specially designed for low-income individuals and families seeking affordable housing solutions. Office Hours: For any inquiries or queries, the office operates from Monday to Friday, between 9 am and 5 pm, giving you convenient access to assistance and information. Waitlist Possibilities: Due to high demand, most apartments these days have waiting lists. To explore the possibility of living in this community, we encourage you to directly contact Heritage Village at Elizabeth using the provided phone number. The management team will further guide you on the application process and assess your eligibility. Conclusion: Heritage Village at Elizabeth presents an excellent opportunity to secure affordable housing in Elizabethport, NJ. Through the LIHTC program, this community endeavors to bridge the gap between low-income individuals and suitable housing options. Don't hesitate to reach out to them for more information and explore your chances of living in this thriving community.
225 2nd St, Elizabethport, NJ 07206
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