Finding Affordable Housing in Monmouth County

by Mary-Ellen Mess

As rents skyrocket and housing prices soar, low and moderate-income residents are hard pressed to find a place to live that is affordable.  Monmouth County is particularly desirable in a hot real estate market that extends throughout New Jersey and the nation.

Many Red Bank Library patrons use our public computers to find jobs and housing.  While there are a number of programs that offer help and subsidies, the application process and search for available housing units can be daunting.  

The Affordable Housing Alliance (AHA) of Monmouth County is a great resource for apartment seekers and potential first-time homeowners.  The information posted here is from AHA’s library presentation on June 4th.

How to Work with the Affordable Housing Alliance

Complete an intake today by going to https://www.housingall.org/ and
click the red “Get Help Now!” button.

Monmouth County Offices

3535 Route 66, Parkway 100, Building 4
Neptune, NJ 07753
(732) 389-2958

11 White Street
Eatontown, NJ 07724
(732) 982-5072

Ocean County

1415 Hooper Ave, Suite 301
Toms River, NJ 08753
(732) 256-8650

AFFORDABLE HOUSING ONLINE RESOURCES

Low Income Housing Tax Credit

  • Rental units in apartment complexes

  • Units are priced by Area Median Income (AMI) range so those earning within a range pay a specific, set rent per unit bedroom size

  • Units posted on the New Jersey Housing Resource Center (www.njhrc.gov) *All State-funded units are posted here

Mount Laurel Housing

  • Units are priced by Median Income range. Those earning within a range pay a specific, set rent per unit bedroom size

  • Units for Rent and Purchase

  • Affordability Programs for Affordable units 

  • Rehabilitation Programs

  • Contact Administrative Agents for desired municipalities 

  • The AHA’s Waiting Lists: Atlantic Highlands, Eatontown, LittleSilver, Manalapan, Sea Bright, Shrewsbury, Wall Township & more!

  • Other Administrative Agents manage other towns throughout New Jersey

  • Units posted on the New Jersey Housing Resource Center (www.njhrc.gov) *All State-funded units are posted here

Public Housing

  • Tenants pay up to 30% of their gross household income toward rent

  • Income caps vary by area and are updated each year

  • Apply through an official municipal Housing Authority 

  • List of Housing Authorities on HUD’s Website (www.hud.gov/newjersey/renting)

  • Visit www.affordablehousingonline.com to search available units and open waiting lists register for e-mail alerts

Housing Choice Voucher/Section 8

  • Income requirements are up to 50% of Area Median Income

  • Tenant-Based

  • Tenants pay between 30%-40%  of their gross household income toward rent

  • Waiting list lottery application process

  • Can be used on any type of unit that passes HUD inspection

  • Applicants cannot be discriminated against for having voucher

  • Voucher might be able to be used to purchase a home

  • Project-Based

    • Rent is set at 30% of the tenant’s gross household income 

    • Waiting list application process 

    • Mostly apartment complexes

  • Visit www.affordablehousingonline.com to search available units and open waiting lists register for e-mail alerts