Residents of MEND’s rental housing must comply with income requirements mandated by the relevant government agencies that provide funding for the development, construction and operation of MEND’s properties. MEND receives funding from a variety of government agencies and each of those agencies has its own guidelines for income eligibility. There are maximum gross income levels to insure that MEND housing is provided to residents with limited financial resources, also defined as low and moderate income; and there are minimum gross income levels to insure that tenant’s are financially capable of paying the monthly rent and utility charges.
A tenant’s monthly rent and utility charges can generally not exceed 40% of monthly gross income for senior citizens and persons with special needs; and cannot exceed 30% for non-elderly individuals and families.
**Please note that the application packages provide the income requirements in detail. The chart below provides the most lowest income requirement along with the highest maximum income requirement.
Moorestown & Delanco
| 1 Bedroom units have a minimum annual income requirement of $22,000 | |
|---|---|
| # Family Members | Maximum Annual Income |
| 1 person | $52,960 |
| 2 people | $60,480 |
| 2 Bedroom units have a minimum annual income requirement of $25,000 | |
|---|---|
| # Family Members | Maximum Annual Income |
| 2 person | $60,480 |
| 3 people | $68,080 |
| 4 people | $75,600 |
| 3 Bedroom units have a minimum annual income requirement of $27,000 | |
|---|---|
| # Family Members | Maximum Annual Income |
| 3 person | $68,080 |
| 4 people | $75,600 |
| 5 people | $81,680 |
| 6 people | $87,760 |
| Efficiency units have a minimum annual income requirement of $14,500 | |
|---|---|
| # Family Members | Maximum Annual Income |
| 1 person | $52,960 |
| 1 Bedroom units have a minimum annual income requirement of $15,500 | |
|---|---|
| # Family Members | Maximum Annual Income |
| 1 person | $52,960 |
| 2 people | $60,480 |
Evesham (Marlton)
Please contact the property for income and rent information.
| Sharp Road Apartment 1 Seneca Court Marlton, NJ 08053 |
|
|---|---|
| Phone: | (856) 983-1715 |
| Fax: | (856) 983-1716 |
| E-mail: | sharp@mendinc.org |
Medford
Please contact the property for income and rent information.
| Medford Senior Residence 8 Jones Road Medford, NJ 08055 |
|
|---|---|
| Phone: | (609) 714-3523 |
| Fax: | (609) 714-3524 |
| Email: | medford@mendinc.org |
Burlington Township
Please contact the property for income and rent information.
| Springside School Apartments 1508 Mt. Holly Road Burlington Township, NJ 08016 |
|
|---|---|
| Phone: | (609) 227-4433 |
| Fax: | (609) 227-4434 |
| E-mail: | springside@mendinc.org |
Florence Township
Please contact the property for income and rent information.
| Duffy School Apartments 225 West Second Street Florence, NJ 08518 |
|
|---|---|
| Phone: | (609) 447-3211 |
| Fax: | (609) 447-3212 |
| Email: | duffy@mendinc.org |
Cinnaminson
Please contact the property for income and rent information.
| Rolling Greens Court 1410 Riverton Road Cinnaminson, NJ 08077 |
|
|---|---|
| Phone: | (856) 499-0933 |
| TTY: | (800) 852-7899 |
| E-mail: | rollinggreens@mendinc.org |
The maximum annual income figures above are published by the NJ Council on Affordable Housing (COAH) and are revised annually. (There are similar income guidelines published annually by the US Department of Housing and Urban Development and the NJ Housing and Mortgage Finance Agency.)