DEADLINE 3/13/2024
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121-125
Lake Street
Quetzal Consulting presents
121-125 Lake Street,
a 3 story edifice with 12 units, is designed to balance luxury and affordability. The building is curated to feature the high-quality finishes and durable appliances. The first floor features garage parking. The expansive rooftop deck serves as the ideal spot for summertime enjoyment.
Two Units are designated for Affordable Workforce Housing.
See details below.
- Jersey City Heights Neighborhood -
WORKFORCE INCOME
Affordable Workforce Income Housing Apartment Details
Monthly Rent
Unit Size
Unit Amenities
Project Amenities
One BR $2,153
* Income limits and rents are subject to change without notice. These are Fixed Rents they will not fluctuate based on your income.*
1 BR 725 sq. ft.
.
-
Stainless steel appliances
-
Microwave / Stove
-
Refrigerator
-
Sleek - modern finishes
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Washer Dryer
-
Wooden Floors
-
Balcony
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Various Transit Options
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Common Backyard
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Rooftop Terrace
-
Parking for Rent
-
Close to Shops and Local Eateries
This is an equal housing opportunity.
We pledge to the letter and spirit of U.S. Policy for achievement of equal housing opportunity throughout the Nation.
We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, religion, sex, handicap, familial status or national origin.
About this project:
At 121-125 Lake Street, (2) units have been set aside for applicants
whose combined household income meets the criteria for this affordable housing program.
Units available:
(2) One Bedrooms
Utilities are not included.
Please read below income limits and click on RULES & REGULATIONS button before
proceeding to the preliminary application at the end of this page.
Project Preference Offered to:
Jersey City Residents
at the time of application and processing.
In accordance with the agreement for this project
What are the income limits for this project ?
This project has units that are available to“ WORKFORCE Income” qualified applicants whose combined household income, including assets, meet the criteria for this affordable housing project “WORKFORCE Income” is defined as the total combined gross annual income for all members of a household whose total income is greater than 80% but does not exceed 120%, of the area median income for the Jersey City FMR Metro Area as defined by the US department of of Housing and Urban Development for 2023.
Applicants must fall between the two limits.
Income limits for WORKFORCE HOUSING 2023 are as follows:
Income for a 1 person family must fall
between
$68,160 and $102,240
Income for a 2 person family must fall
between
$77,920 and $116,880
Income for a 3 person family must fall
between
$87,680 and $131,520
Income for a 4 person family must fall
between
$97,360 and $146,040
See chart below for more info.
How do I know if I qualify for this project ?
Click the below button and read the affordable housing rules and regulations before proceeding to the preliminary application. Supporting documents are NOT necessary at this time.
Minimum Credit Score and other restrictions may apply.
*Read all Rules before you apply*
Where and when do I apply ?
If you have read all the rules and regulations for this project please proceed to the below preliminary application.
Supporting documents are NOT necessary at this time.
You may apply for WORKFORCE housing today!
* A LOTTERY will Take Place After the Deadline *
Preliminary applications will be processed after the Deadline.
DEADLINE 3/13/2024
Preliminary Application for WORKFORCE housing ONLY.
