NEW AGE-RESTRICTED AFFORDABLE
FOR-SALE HOUSING COMING TO
MEDFORD TOWNSHIP
Pre-Applications are currently being accepted for new affordable two bedroom age-restricted
homes to be built in the Heritage and Wyngate developments in Medford, NJ. In order to be
eligible for an age-restricted affordable housing unit, 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. The maximum household incomes permitted
are $45,640 for a one person household and $52,160 for a two person household.
Units are deed-restricted to ensure continued affordability. Applicants will be required to have a
minimum credit score of 640 (with no recent judgments or bankruptcies) in order to obtain
mortgage pre-approval. The sales prices will range from $78,334 to $124,267. Triad
Associates has been designated by Medford Township to act as the program Administrative
Agent to qualify and assist home buyers through the application process.
How to Apply
If you are interested in applying to purchase one of the affordable units, you must complete a
Preliminary Application to get onto the waiting list. Interested persons are to email or call
Triad Associates, at 856-690-5749 or email [email protected] to request a
Preliminary Application. Pre-applications are also available at the Medford Township Municipal
Building at 17 North Main Street, on the Medford Township website at
www.medfordtownship.com and at www.triadhousingprograms.com.
All completed Preliminary Applications
must be returned to Triad Associates
1301 W. Forest Grove Road, Vineland, NJ 08360
Completed Pre-Applications can also be faxed to (856) 690-5622
The program is authorized through the New Jersey Council on Affordable Housing Program
Visit www.njhousing.gov for more affordable housing opportunities.
1301 W. Forest Grove Road, Vineland, NJ 08360
Phone (856) 690-5749
www.triadhousingprograms.com
Return Applications to: Triad Associates 1301 W. Forest Grove Road, Vineland NJ 08360
Completed Applications can also be faxed to (856) 690-5622
Phone (856) 690-5749
www.triadhousingprograms.com
Preliminary Application for Affordable Housing: (Please print clearly!)
_________________________________________________________________________________________________
Name of Head of Household
_________________________________________________________________________________________________
Current Street Address
(
City
)________________
Home Phone No.
(
)____________
Work Phone
Email Address:
State
________
(
Ext. #
Cell Phone No.
Zip Code
) _______________
___________________________________________________________________________
Number of Bedrooms? Two ___ Three ___
Require a handicap accessible home? Yes__ No __
Is A Household Member A Veteran?
Yes__ No __
HOUSEHOLD COMPOSITION: (Please print clearly!)
Relationship to
Head of
Household
Name
Gender
Date of
Birth
Head of Household
1.
Annual GROSS
Income
$
2.
$
3.
$
4.
$
5.
$
TOTAL HOUSEHOLD INCOME
□ HERITAGE (FOR SALE) – Age Restricted
Source of Income
(Monthly x12 months)
$
□ WYNGATE (FOR SALE) – Age Restricted
Single Family, 1 story
Single Family, 2 story
*If you own the home in which you live, please provide BOTH the market value and 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 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.
X
Signature Head of Household
___________________ Date
Revised 2/9/16