Township of Medford Age-Restricted Affordable Housing
Preliminary Application Letter

Dear Affordable Housing Applicant:

Thank you for inquiring about affordable housing with Triad Associates. Triad Associates has been designated by Medford Township to act as the program’s Administrative Agent to qualify and assist home buyers through the application process.

In order to be eligible for an age-restricted affordable housing unit in the Township of Medford, you must meet certain income limits as determined by the New Jersey Council on Affordable Housing and at least one member of the household must be a minimum age of 55 years old. Units will be deed restricted to ensure continued affordability. Income limits are determined by COAH Region and are listed below:

 2010 NSP Maximum Income Limits
For Units Located in Burlington County

Number of Persons in household

Maximum Annual Income
Low – Income Units

Maximum Annual Income
Moderate – Income Units

1

$27,405

$43,848

2

$31,320

$50,112

3

$35,235

$56,376

4

$39,150

$62,640

5

$42,282

$67,651

6

$72,662

$45,414

If you believe you fall within these income limits, fill out and submit this preliminary application to our office. All completed Preliminary Applications must be returned to Triad Associates at 1301 W. Forest Grove Road, Vineland, NJ 08360. Completed Pre-Applications can also be faxed to 856-690-5622.

All approved Preliminary Applications will be entered into the program’s lottery system. Selected applicants will then be contacted for an interview and to complete a full application. Applicants will have twenty (20) days from first notification to submit all required documents and complete the full application process.?

Please remember that all applications and documents are held in the strictest confidence. If you have any further questions please contact us at 856-690-5749.

Dawn Genco
Triad Associates

 

TOWNSHIP OF MEDFORD
PRELIMINARY APPLICATION FOR AFFORDABLE HOUSING

Section I - Head of Household Information

First Name: Last Name:  
Current Address: City: State: Zip Code:
Mailing Address: City: State: Zip Code:
Home Phone: Cell Phone: Work Phone:
E-mail:
Number of Bedrooms? One Two Three                   Do you require a handicap accessible home? Yes No

Section II

HOUSEHOLD COMPOSITION
List ALL sources of income, including, but not limited to salary, dividends, social security, child support, alimony and pensions, for everyone who will occupy the unit.
Full Name (First & Last) Relationship Date of Birth Sex Annual Income
1. Head of Household $
2. $
3. $
4. $
5. $
TOTAL $

Do you currently receive rental assistance? Yes No

Are you, your spouse and all your household members United States Citizen(s)? Yes No

If not explain status

How did you hear about this program?

Section III

If you own the home in which you live, clearly indicate BOTH the market value & your equity in
the home. (Your equity equals the market value less any outstanding mortgage Principal).
Market Value $ Equity $

I certify that the information provided herein is true and complete to the best of my knowledge and belief and that any misrepresentation of income or household size herein shall be cause for program disqualification. I also understand that this information is to be used only for determining my eligibility for referral to an affordable housing unit and does not obligate me in any way.

Date