Low Income (LIHTC)

Freedom Village At Hopewell

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

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Freedom Village At Hopewell comprises 72 low-income residential units in Hopewell, New Jersey. The property, which has been in service since 2014, is non-profit owned and operated. This Mercer County development provides affordable housing options for eligible residents.

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.

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 visiting their website, 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 Freedom Village At Hopewell?+

Freedom Village At Hopewell is managed by . You can reach them at . Visit their website for more information.

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