540 Broad LIHTC Newark, NJ

Profile last updated · Data vintage: HUD LIHTC 2024

540 Broad is a Low-Income Housing Tax Credit (LIHTC) community in Newark, NJ with 263 units. Rents are set relative to household income.

263
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address540 Broad Street, Newark, NJ 07102 Map →
Tax-credit (LI) units52

How to apply at 540 Broad

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 540 Broad Street, Newark; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in Newark

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
777 Mccarter Highway #1822 LIHTCPB Section 8Newark1.1 km
777 Mccarter Highway LIHTCNewark City1.1 km
Nevada Street Apartments PB Section 8Newark1.4 km
Nc Commons LIHTCNewark1.7 km
Commons Senior LIHTCNewark1.7 km
N C Commons PB Section 8Newark1.7 km
Georgia King Village LIHTCNewark City2 km
Garden Spires Llc PB Section 8Newark2 km

← All subsidized housing in Newark

Frequently asked questions

What kind of subsidy does 540 Broad have?
Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at 540 Broad?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at 540 Broad?
Contact the management office at 540 Broad Street in Newark. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.