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Piazza & Associates Affordable Housing Services

Piazza & AssociatesAffordableHousingServices216 RockinghamRow - PrincetonForrestalVillage- Princeton, NJ08540 Phone: (609)786-1100- Fax: (609)786-1105- E- mail: WestWindsor(u, ,OnbehalfoftheTownshipofWestWindsor, I wantto thankyouforyourinterestin thisaffordablehousingprogram. Piazza & Associates , Inc. hasbeenengagedbytheTownshipto provideyouwithinformationregardingitsaff ordablehousing; answeryourquestions; , thereis a varietyofopportunitiesforlowandmoderatei ncomehouseholdstopurchaseorrentanafforda blehomeinWestWindsor. I haveprovideda : Affordablehomesin thepurchaseprogramarelocatedinWaldenWood s, WindsorHaven, WindsorPonds, VillageGrandeandtheElementsat WestWindsor. Allofthesalesunitsarebuilt, soldandoccupied. Fromtimeto time, theybecomeavailableforresale. BycheckingthePurchase" optiononthePreliminaryApplication,yourna mewillbe putthewaitinglistto purchaseahomeinallofthedevelopments, exceptthosesetasideasagerestricted (55yearsandolder).)

MAXIMUM GROSS ANNUAL HOUSEHOLD INCOME FOR ALL PROGRAMS To be eligible for the affordable housing programs in West Windsor, the …

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Transcription of Piazza & Associates Affordable Housing Services

1 Piazza & AssociatesAffordableHousingServices216 RockinghamRow - PrincetonForrestalVillage- Princeton, NJ08540 Phone: (609)786-1100- Fax: (609)786-1105- E- mail: WestWindsor(u, ,OnbehalfoftheTownshipofWestWindsor, I wantto thankyouforyourinterestin thisaffordablehousingprogram. Piazza & Associates , Inc. hasbeenengagedbytheTownshipto provideyouwithinformationregardingitsaff ordablehousing; answeryourquestions; , thereis a varietyofopportunitiesforlowandmoderatei ncomehouseholdstopurchaseorrentanafforda blehomeinWestWindsor. I haveprovideda : Affordablehomesin thepurchaseprogramarelocatedinWaldenWood s, WindsorHaven, WindsorPonds, VillageGrandeandtheElementsat WestWindsor. Allofthesalesunitsarebuilt, soldandoccupied. Fromtimeto time, theybecomeavailableforresale. BycheckingthePurchase" optiononthePreliminaryApplication,yourna mewillbe putthewaitinglistto purchaseahomeinallofthedevelopments, exceptthosesetasideasagerestricted (55yearsandolder).)

2 Tobeeligibleforthoseunits,youmustalsoche ck "Purchase55+." Detailedinformationregardingspecifichome s (e. g., floorplans, associationfees, etc.) willbeavailablefromthesellerortheiragent aseachgoesonthemarketto beresold. Minimumincomeswillbe determinedbytheabilityof thepurchaserto obtainfinancingforthehome. NeitherWestWindsorTownshipnorPiazza& : Affordablerentalopportunitiesareavailabl einAvalonWatch, TheHamlet, TheMewsatPrincetonJunction, WindsorWoodsandTheGables. Fortherentalcommunities, I havealsoprovidedthetelephonenumberforthe respectiveleasingoffices. Youmaywantto contactthemforinformationregardingfloorp lansfortheapartments, a listof amenities, theircommunityrules, applicationfeesandcreditrequirements. Toapplyforaffordableapartmentsat allbutTheGables, pleasechecktheappropriatebox(es)onthePre liminaryApplication.

3 ToapplyforTheGables, pleasecontactthem,directly, at WaldenWoods: Thisprogramhasconcludedandwillnotbe WindsorHaven: 37one- two- andthree- bedroom, owner-occupiedcondominiumslocatedoffBear BrookRoad, youwouldliketo WindsorPonds: 39one-,two- andthree- bedroom, owner-occupiedtownhomeslocatedoffofVilla geRoadWestneartheMercerOaksGolfCourse. CheckthePurchaseoptionif VillageGrande: Anadultcommunity (55yearsofageorolder), locatedonVillageRoadEast,justeastof OldTrentonRoad,whichincludes14 one-bedroomsinglefamilydetachedhomes, allofwhicharerestrictedtomoderateincomeh ouseholds. CheckthePurchase55+optionif youwouldliketo TheElementsat WestWindsor: Anadultcommunity (55yearsof ageor older), locatedonOldTrentonRoad. TheElementsincludes6 two-bedroomsaleshomes ,setasideforhouseholdsin whichat leastonememberis 55andnooneis youngerthan19.

4 CheckthePurchase55+optionif youwouldliketo TheHamlet: 61one-bedroomrentalapartmentsforseniors (55yearsofageorolder), 38ofwhicharereservedforlowincomehousehol dsandthebalanceformoderateincomehousehol ds. Allofthesegardenapartmentsareonthefirstf loor. PetsareallowedwithEQUALHOUSINGRev1 1/01/2016 OPPORTUNTY restrictions. CheckTheHamletonthePreliminaryApplicatio n. Forfurtherinformation,contactD&MManageme ntat (732) TheMewsatPrincetonJunction: 175one-, two-andthree- bedroom, lowandmoderateincomerentalgardenapartmen ts, locatedjustoffBearBrookRd. CheckTheMewsatPrincetonJunctiononthePrel iminaryApplication. Forfurtherinformation, contacttheleasingofficeat(609) 520-1999. WindsorWoods: Atotalof35one-,two-andthree- bedroom, lowandmoderateincomerentalgardenapartmen ts, locatedonMeadowRoad,justeastofRt.

5 1. Forfurtherinformationregardingtheapartme ntsandthecommunity, TheGablesat WestWindsor: A federallysubsidizedapartmentcommunityfor seniors,(62yearsofageorolder)consistingo f84lowincome, one-bedroom, rentalapartmentsin amidrisebuilding, locatedjustoffofRt. 571in PrincetonJunction, nearthenorthboundsideofthetrainstation. Tenantrentisbasedon30%oftheiradjustedgro ssincome. Forfurtherinformationontheapartments, incomerequirements, waitinglistorforanapplication, pleasecontactTheGables, directly,at(609) AvalonPrincetonJunction (formerlyAvalonWatch): 103lowandmoderateincome, one-,two- andthree- bedroomrentalgardenapartments, 53ofwhichareone-bedroomunitssetasideforl ow-incomehouseholds. Petsareallowedwithrestrictions. AvalonWatchislocatedonClarksvilleRd. CheckAvalonPJonthePreliminaryApplication .

6 Forfurtherinformationregardingtheapartme ntsandthecommunity, contacttheAvalonWatchleasingofficeat(609 )275-9577K. PrincetonTerraceatWestWindsor: Abrandnewrentalpropertyunderconstruction ,PrincetonTerracewilloffer69two- andthree-bedroomapartments, incomerents, 7 ofthetwo-bedroomunitswillbeofferedat a"verylow-incomerent. PrincetonTerraceis locatedat thesouthwestsectionofClarksvilleRoad. youareinterestedin applyingto purchaseor rentanaffordablehomein WestWindsor, pleasecompletethePreliminaryApplication (enclosed)assoonaspossibleandmailit directlytous, at: Piazza & Associates , Inc., 216 RockinghamRow, Princeton,NJ08540; orfaxit ,youwillreceivea letterofdeterminationwithregardtoyourpre liminaryeligibilityfortheprogram. Applicationswillbeprocessedona"firstcome , firstserved" basis.

7 Availabilityis limited!Sodon'tdelay! Returnyourapplicationtoday!Sincerely, 1/01/2016 OPPORTUMTYMAXIMUMGROSSANNUALHOUSEHOLDINC OMEFORALLPROGRAMST obeeligiblefortheaffordablehousingprogra msin WestWindsor,thegrossannualincomeof basedonthetotalnumberofpersonswhowillres idein theaffordablehome. Thetable,below,setsforththemaximumincome to beeligibleforthelowincomeopportunitiesan dthemoderateincomeopportunities. **OneTwo **TwoofOnePersonPerson *TwoPersonsPersonsThreeFourFiveSixPerson sinPersonHamletGablesPersonsHamletGables PersonsPersonsPersonsPersonsHouseholdOnl yOnlyOnlyOnly2016 IncomeLevelLow32,415 $34,900 $32,550 $37,046 $39,900 $37,200 $41,676 $46,307 $50,012 $53,716 Moderate $51,864 $41,880N/A $59,273 $47,880N/A $66,682 $74,091 $80,0191$ 85, 946 Includesallpurchaseandrentalprogramswith theexceptionof limitedto lowincomehouseholdsonly.

8 TheGablesalsotakesintoaccountcertainexpe nseswhencalculatingannualincome. FormoreinformationregardingtheAdjustedGr ossIncomeorotherrequirementsattheGables, Therentalratesdonotincludeutilities. Theminimumincomesarebasedontherentsandan estimateofutilitiesthatperspectivetenant swillpayeachmonth. Allrentalratesandminimumincomerequiremen tsareregulatedandsubjecttochangewithoutn otice. IncomeMin. Mo. Min. MonthlyMinimumMonthlyMin. + RentIncome+ RentIncome+ RentIncome+ RentIncome+OneLow22,354 $569 $19,530 $717 $27,017 $755- $29,143813 OneModerate $870 $31,886 $748 $24,750 $1, 089 $39,326 $1, $39,6691, 144 TwoVeryLow545 $24,000 TwoLow922 $34,903 $1, 012 $35,691792 $31,920 TwoModerate $1. 198 $44,0571, 237 $45,360 $1,375- $46,423 $1,079 $41,1431, 428 ItLow1, 057 $40,423 $1,118 $41,280 $907 $36,891 Moderatei $1, 329i $49,4401,425 $52,594 $1, 548 $55,577 $1,238 $47,520 MinimumIncomestandardsmayvaryandgenerall ydonotapplyto applicantswithSection8 changewithoutnotice.

9 Informationregardingtherentsat TheGablescanbeobtainedby contactingtheirleasingofficeat(609) 799-8885. to thestatusof yourpreliminaryeligibilitybasedontheinfo rmationthatyouprovideinthisapplication. Whenanaffordablehomebecomesavailable, eligiblecandidateswillbecontacted. Atthattime, wewillprovideyouwitha listofdocumentationrequiredtosupportandv erifytheinformationsubmittedinthisapplic ation. Wecannotanddonotguaranteehousingbasedont heapprovalofthisPreliminaryApplication. AlloftheaffordablehousinginWestWindsoris privatelyowned. ApplicationservicesareprovidedbyPiazza & Associates , Inc., anaffordablehousingservicescorporation. ThisisanEqualHousingOpportunity. Thisprogramis subjectto municipalandstateaffordablehousingregula tions,butnoguaranteecanbemadethattheseho mesareaffordabletoallapplicants.

10 Thisprogramissubjecttoavailability. Prices, & Associates , Inc. AffordableHousingServices216 RockinghamRow PrincetonForrestalVillage Princeton, NJ08540P""wTelephone: 609-786-1100 Facsimile: 609-786-1105 WestWindsorPoliciesandRequirementsNewJer seyForAllApplicantsThisis anequalhousingopportunity. Federallawprohibitsdiscriminationagainst anypersonmakingapplicationto buyor renta homewithregardto age, race, religion, nationalorigin,sex, handicappedor familialstatus. Statelawprohibitsdiscriminationonthebasi sof race,creed, color, nationalorigin, ancestry,nationality, maritalor domesticpartnershipor civilunionstatus, familialstatus, sex, genderidentityorexpression, affectionalorsexualorientation, disability, sourceof lawfulincomeor sourceof Allhouseholdmemberswhointendtoresideatth eaffordablehomesmustbelistedinthePrelimi naryApplication.


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