Low Income (LIHTC)

Freedom Village At Hopewell

770 DENOW ROAD (IN SITE EVALUATOR AS PENNINGTON NJ 08534), Hopewell, NJ, 8638

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

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About This Property

Freedom Village At Hopewell provides 72 low-income residential units in Hopewell, NJ. The property has been in service since 2014 and is operated by a non-profit organization.

Property Details

Total Units

Fair Market Rent - Mercer 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	$1,354
1 Bedroom	$1,550
2 Bedroom	$1,998
3 Bedroom	$2,416
4 Bedroom	$2,661

Income Limits - Mercer County, NJ

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

1 Person

Extremely Low (30%): $22,450
Very Low (50%): $37,400
Low (80%): $55,950

2 Persons

Extremely Low (30%): $25,650
Very Low (50%): $42,750
Low (80%): $63,950

3 Persons

Extremely Low (30%): $28,850
Very Low (50%): $48,100
Low (80%): $71,950

4 Persons

Extremely Low (30%): $32,050
Very Low (50%): $53,400
Low (80%): $79,900

5 Persons

Extremely Low (30%): $34,650
Very Low (50%): $57,700
Low (80%): $86,300

6 Persons

Extremely Low (30%): $37,200
Very Low (50%): $61,950
Low (80%): $92,700

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $66,250
Low (80%): $99,100

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $70,500
Low (80%): $105,500

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$22,450	$37,400	$55,950
2 Persons	$25,650	$42,750	$63,950
3 Persons	$28,850	$48,100	$71,950
4 Persons	$32,050	$53,400	$79,900
5 Persons	$34,650	$57,700	$86,300
6 Persons	$37,200	$61,950	$92,700
7 Persons	$40,120	$66,250	$99,100
8 Persons	$44,660	$70,500	$105,500

Tax Credit Program Details

Year Placed in Service

2014

LIHTC Credit Type

Low-Income Units

72 / 72

Designations

Non-Profit

Frequently Asked Questions

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

The Fair Market Rent (FMR) for Mercer County, NJ is: $1354 (Studio), $1550 (1BR), $1998 (2BR), $2416 (3BR), $2661 (4BR). Actual rent at subsidized properties like Freedom Village At Hopewell is typically 30% of household income or less.

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

For a 4-person household in Mercer County, NJ, the income limits are: Extremely Low Income (30% AMI): $32,050, Very Low Income (50% AMI): $53,400, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.

Who manages Freedom Village At Hopewell?+

Freedom Village At Hopewell is managed by . You can reach them at .

How do I apply for housing at Freedom Village At Hopewell?+

Freedom Village At Hopewell 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.

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