| AMI* | 1 person | 2 person | 3 person | 4 person |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $53,900 / year | $61,600 / year | $69,300 / year | $76,950 / year |
| 50% AMI for PBRA Units | $53,900 / year | $61,600 / year | $69,300 / year | $76,950 / year |
| 60% AMI for LIHTC Units | $64,680 / year | $73,920 / year | $83,160 / year | $92,340 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
The Homestead is a beautiful energy efficient, senior only development with a mix of 60 1-bedroom units and 17 2-bedroom units. Each unit is outfitted with a washer, dryer, and additional linen and bedroom storage. The Homestead Senior Apartments includes a Community Facility with a community room, and mail room. Utilities include municipal water/sewer connections, gas heat and electric provided by PSEG.
The Homestead Senior Apartments include 76 parking spaces for the exclusive use of the residents, 12 of which are designated as handicap-only spaces. In addition to parking, the grounds feature several seating and activity areas for residents to enjoy the exterior amenities.
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