 Posted: Fri, Nov 30 2007, 7:14 pm EST Post subject: Cranbury seeks applicants for new affordable housing units |
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| Cranbury seeks applicants for new affordable housing units
By Maria Prato-Gaines, Staff Writer Posted: Friday, November 30, 2007 10:41 AM EST CRANBURY — Cranbury Housing Associates Inc. is taking applications for its Four Seasons’ affordable housing project, which should be completed and ready for occupants by March. CHA began accepting applications for the project Nov. 1 and will continue to do so until Dec. 30, at which time the company will hold a lottery to establish a list of potential income-qualified households, said CHA President Mark A. Berkowsky. ”It gives everybody an equal opportunity to get one of the units,” he said. Mr. Berkowsky said construction began in February on the 20 new units on Old Hightstown Road, a 3-acre site adjacent from the Four Seasons housing development. Three buildings on the property will house one-, two- and three-bedroom townhouses and apartments for qualified families and individuals, he said. These individuals or families must fall under a certain income bracket to be eligible, for example an average family of three’s income cannot exceed $66,816. The range of income eligibility in reference to family size is based on the state’s formula, Mr. Berkowsky said. Depending on whether a resident has low or moderate income, monthly rental rates on the units vary from the lowest fee of $395 for a one-bedroom unit to the highest rate of $1,259 for a three-bedroom unit. ... http://packetonline.com/articles/2007/11/30/cranbury_press/news/doc475027d3b4562546718690.prt |
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