Franklin Lakes Affordable Housing

Affordable housing units
Information on affordable housing units in Franklin Lakes is listed by development below.

Income limits for affordable housing
As affordable housing becomes available, income limits for eligibility will be part of the advertisements for the housing. To give you a general idea of income limits, below are the 2022 affordable housing income limits as issued by the New Jersey Council On Affordable Housing. Bergen County is in Region 1. The income limits shown are for household income. These are maximum income limits to qualify for very low, low and moderate income housing units based on the number of people in the applicant household.

2022 Affordable Housing Income Limits

Cigna Property

Location: Parsons Pond Rd, Franklin Lakes
Status: In planning phase.
Number of Units: No information available.
Contact Info for
Affordable Housing:		 No information available.

 

Colonial Pointe Franklin Lakes

Location: 556 Colonial Rd, Franklin Lakes
Status: Fully occupied.
Number of Units: 18 family rental units
Contact Info for
Affordable Housing:



 Piazza & Associates, Inc.
216 Rockingham Row
Princeton Forrestal Village
Princeton, NJ 08540
609-786-1100

Franklin Manor

Location: 8 Tice Road, Franklin Lakes
Status: Construction complete.
Number of Units:

8 affordable rental units
46 market rental units
Contact Info for
Affordable and Market
Rate Housing:		 Adoni Property Group
Leasing Department
732-634-3900


Submit a preliminary application at www.AffordableHomesNewJersey.com and join the Franklin Lakes rental waiting list. If you do not have an email address, call and leave a message at 609-664-2769, ext. 5.

McCoy Place - Franklin Lakes Supportive Housing

Location: 720 McCoy Road, Franklin Lakes
Status: Fully occupied.
Number of Units: 39 special needs rental units

Population Served/Tenant
Selection & Screening:

 

 

 

 

 

 

 

 

 

 

Franklin Lakes Supportive Housing consists of 39 one-bedroom units for income eligible disabled households. On-site supportive services offered assist those with Asperger’s or Multiple Sclerosis or eligible persons with disabilities, meeting the HUD definition of disabled, that may benefit from the services provided in the project. Preference is given to applicant households who need services offered at the project though applicants are not required to accept the particular services offered at the project. Preference is limited to applicants with disabilities that significantly interfere with their ability to obtain and maintain themselves in housing and who without appropriate supportive services will not be able to obtain or maintain themselves in housing; and for whom such services cannot be provided in a non-segregated setting.

Occupancy is limited to income eligible disabled applicants in accordance with the Low Income Housing Tax Credit Program and the Section 8 Housing Choice Voucher Program Project Based Voucher Assistance. Income eligible disabled applicant will be randomly selected in accordance with the following preferences:

  • Residency in Bergen, Hudson, Passaic and Sussex counties. Applicants who work or have an offer of employment in Bergen, Hudson, Passaic or Sussex counties will be considered residents.
  • Disabled applicants in need of the provided supportive services.
  • Disabled, wheelchair dependent applicants requiring a fully ADA-compliant unit in need of supportive services.
  • All other applicants.

To apply for housing, visit https://habcnj.org/apply/, then select “apply here” under Franklin Lakes. HABC will be closing the waiting list for Franklin Lakes Supportive Housing, effective 4:00 PM on November 20, 2019.

Contact Info:

 

 

 

 

 

For information on applications:
The Housing Authority of Bergen County
201-336-7600

If you are on the waiting list and have a status inquiry or update, visit https://habcnj.org/waiting-list-status-inquiry-and-update/.

For tenant services:
Robert Butler, Jr., Property Manager
The Alpert Group
201-416-4300

Mill Pond Estate at Franklin Lakes

Location: Old Mill Rd, Franklin Lakes
Status: Construction complete
Number of Units: 15 family rental units
Contact Info:

 Sterling Properties Group
201-848-5287

Reserve at Franklin Lakes - The Mews Collection

Location: 845 Ewing Ave, Franklin Lakes
Status: Now accepting preliminary applications.
 Preliminary application and additional information.
Number of Units: 55 family sale units
Contact Info:




 All inquiries for affordable units:

For further information about this affordable housing program please call Piazza & Associates, Inc., at 609-786-1100.

Piazza & Associates, Inc.
216 Rockingham Row
Princeton Forrestal Village
Princeton, NJ 08540
609-786-1100

Affordable Housing Monitoring Reports

The Borough prepares two separate reports which are updated regularly (click to view the reports):

  • Unit Monitoring Report – provides information on all of the Borough’s affordable housing units, including the status of construction, number of units by number of bedroom, and number of very low, low and moderate income units; and
  • Trust Fund Monitoring Report – provides a detailed breakdown of affordable housing development trust funds collected and expenditures from the Trust Fund.