2009 - PRINCETON TOWNSHIP’S
AFFORDABLE HOUSING PROGRAMS

Princeton Township’s commitment to Affordable Housing provides housing opportunities for a broad range of households from diverse social and economic backgrounds. Income-based programs offer properties throughout Princeton Township for purchase and for rent.

 The Affordable Housing purchase program is available in two Princeton Township communities. Washington Oaks, on 206 South, is a community of 300 single family homes, townhomes and condominiums.  Sixty of the one-, two- and three-bedroom condos are marketed to low- and moderate-income purchasers.  The Township also offers Affordable Housing resales at Griggs Farm, on 206 North at Cherry Valley Road.  This community consists of 70 one- to three-bedroom moderate-income resale units interspersed with market-price townhomes and low-income rental apartments. (See below for information on Griggs Farm rentals).

In both communities, the purchase price of an affordable property is based on the proposed purchaser’s gross household income. In order to purchase, an applicant must be able to meet the Township’s qualifications, and to be able to obtain a mortgage from a lending institution. The income range is from approximately $20,000 for a one-person household to $73,757 for a family of six.  For more information, please call the Affordable Housing Coordinator at 609-688-2029.

Low and moderate-income rental apartments are located at Princeton Community Village, on Bunn Drive. Apartments contain one, two, three or four bedrooms.  Please call 609-921-1686 for an application and more information. Other low-income rental apartments, ranging from 1 to 3 bedrooms, are located at Griggs Farm. For information and an application, please call K.M. Light at 609-924-3822, ext. 10. Elm Court, for seniors and other-abled adults, offers income-based rental apartments. For more information and an application, please call 609-921-0929.

PRINCETON TOWNSHIP OFFERS NO GUARANTEE OR REPRESENTATION OF UNIT AVAILABLITY FOR EVERY APPLICANT.  TOWNSHIP SELECTION IS MADE ON THE BASIS OF NUMEROUS CRITERIA, INCLUDING, BUT NOT LIMITED TO:  INCOME, CREDIT HISTORY, DEBT, HOUSEHOLD SIZE, UNIT AVAILABILITY, AND RESIDENCY STATUS.