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Affordable Housing for Seniors at Margate Terrace: Enjoy Reduced Rent with Government Subsidies 1. Eligibility Requirements and Application Procedures for Margate Terrace - Margate Terrace is dedicated to providing low income housing for seniors. - To enjoy the subsidized rent, applicants must meet certain eligibility criteria. - Contact Margate Terrace at (609) 822-7747 for complete details on eligibility requirements and availability of rentals. - They will guide you through their straightforward application procedures for this affordable housing opportunity. 2. Enjoy Lower Rent for Low Income Individuals - Margate Terrace understands the financial challenges faced by low income persons. - Hence, they charge lower rent for those who qualify under the government subsidy program. - This initiative provides an opportunity for seniors to enjoy comfortable housing without straining their budget. 3. Rent Calculation Based on Your Adjusted Gross Income - As a HUD-subsidized apartment, Margate Terrace ensures that the rent is fair and manageable. - If you qualify for low income housing and they currently have available apartments, your rent will be based on just 30% of your Adjusted Gross Income. - This calculation takes into account your specific financial situation, making the rent more affordable and feasible. 4. One-Bedroom Apartments for Seniors - Margate Terrace offers cozy one-bedroom apartments tailored for the needs of seniors. - These apartments provide a comfortable living space and cater to the specific requirements of older adults. - Enjoy an affordable and convenient living experience at Margate Terrace. Contact Margate Terrace at (609) 822-7747 for more information and to take the first step towards securing your affordable housing.
601 N Fredericksburg Ave, Margate, NJ 08402
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