Low Income (LIHTC)

Litc#06904 Medford Commons

311 STEPHEN RISE 8609 II YES, Medford, NJ, 8055

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Medford Commons is an affordable housing community in Medford, New Jersey offering 60 residential units. The property was placed in service in 2008 and serves the Burlington County area. Residents can inquire about availability and lease terms through the on-site management office.

Property Details

Total Units

Fair Market Rent - Burlington County, NJ

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

Bedrooms	FMR
Studio/Efficiency	$1,303
1 Bedroom	$1,451
2 Bedroom	$1,737
3 Bedroom	$2,100
4 Bedroom	$2,422

Income Limits - Burlington County, NJ

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $19,850
Very Low (50%): $33,100
Low (80%): $52,950

2 Persons

Extremely Low (30%): $22,700
Very Low (50%): $37,800
Low (80%): $60,500

3 Persons

Extremely Low (30%): $25,550
Very Low (50%): $42,550
Low (80%): $68,050

4 Persons

Extremely Low (30%): $28,350
Very Low (50%): $47,250
Low (80%): $75,600

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $51,050
Low (80%): $81,650

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $54,850
Low (80%): $87,700

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $58,600
Low (80%): $93,750

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $62,400
Low (80%): $99,800

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$19,850	$33,100	$52,950
2 Persons	$22,700	$37,800	$60,500
3 Persons	$25,550	$42,550	$68,050
4 Persons	$28,350	$47,250	$75,600
5 Persons	$31,040	$51,050	$81,650
6 Persons	$35,580	$54,850	$87,700
7 Persons	$40,120	$58,600	$93,750
8 Persons	$44,660	$62,400	$99,800

Tax Credit Program Details

Year Placed in Service

2008

LIHTC Credit Type

Low-Income Units

0 / 60

Frequently Asked Questions

What is the average rent for affordable housing in Medford, NJ?+

The Fair Market Rent (FMR) for Burlington County, NJ is: $1303 (Studio), $1451 (1BR), $1737 (2BR), $2100 (3BR), $2422 (4BR). Actual rent at subsidized properties like Litc#06904 Medford Commons is typically 30% of household income or less.

What are the income limits for affordable housing in Burlington County, NJ?+

For a 4-person household in Burlington County, NJ, the income limits are: Extremely Low Income (30% AMI): $28,350, Very Low Income (50% AMI): $47,250, Low Income (80% AMI): $75,600. These limits are set by HUD and updated annually.

How do I apply for housing at Litc#06904 Medford Commons?+

Litc#06904 Medford Commons is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Who manages Litc#06904 Medford Commons?+

Litc#06904 Medford Commons is managed by . You can reach them at .

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