HOUSING
Area Median Income
PBCIP has received funding to develop affordable housing (homeownership and rental) from the NJ Department of Community Affairs, NJ Legislative Appropriation, NJ Economic Development Authority and Low Income Housing Tax Credits Program.
Potential homebuyers and renters will have to meet the Area Median Income (AMI) guidelines to be eligible to reside in the new homes. The picture to the left gives examples of income limits. Please note income limits are subject to change based on the current AMI once construction starts.
Opportunities for Homeownership
PBCIP's current 10 New Homes for sale are all sold!
Please check back for future homeownership opportunities!
PBCIP Housing
PBCIP kicked-off its new homes for sale project with 10-units of affordable housing including the rehab and new construction of 3 bedroom units, 1.5 – 2.5 bathroom properties on targeted streets (Empire, Haddon, Kenwood, and Princess) in the Parkside community. The properties consist of row homes and twins newly rehabbed and constructed with forced-air heat, central air, 10-year roof warranty, hardwood floors, high quality carpet, low E windows, modern kitchen, appliance package, security system, fenced backyard and warranty on overall construction.
Opportunities for Rental
Parkside Place Phase 1 & 2
PBCIP has partnered with Cinnaire Solutions and Cornerstone Community Partners to offer a mix of housing choices that include multi-family style apartments in 1 and 2 bedroom styles. Seventeen units will affordable income and the remaining 15 units will be market rate.
The project includes 30 rental units along 1400-1500 blocks of Haddon. The units will include 1-2 bedrooms and 1 baths. Units will offer reduced energy costs. Income restrictions will apply.
Projected construction dates July 2023 with completion by December 2024.
HOPE Institute
PBCIP’s Hope Institute is a HUD-certified housing counseling agency. Our HUD certified housing counselor's are here to assist clients with rental counseling, pre-purchase and foreclosure prevention.
Pre-Purchase Education
The Hope Institute's FREE VIRTUAL Homebuyer Education Course includes six workshops on Wednesday evenings, plus individual sessions with your housing counselor.
The education workshops cover topics including budgeting, how to improve your credit score and the mortgage application process. The individual counseling helps each client calculate their mortgage affordability and strategies on how to improve their credit score.
If you have additional questions, please contact Miosha Lawrence at (856) 964-0440, x. 15 or mlawrence@pbcip.org.
"Never give-up. Try and try and try until you reach your goals." The Ray Family & New Homeowners
Rental & Foreclosure Assistance Counseling
PBCIP’s housing counseling staff are here to help you if you are struggling to pay your rent, mortgage or other major bills. Contact our experienced staff to request assistance with:
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Rental assistance
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Foreclosure assistance
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Utility assistance
The NJ eviction moratorium has ended. Depending on your income, if you have past due rent accrued between March 1, 2020 and either August 31, 2021, or December 31, 2021, there is protection from being evicted or removed from where you are living. You must self-certify your household income to become eligible for this protection. Click to complete the certification application.
Should you have any questions please call (856) 964-0440, x. 15.
The next session of classes begin May 2025.
Inspirational words from the Mercado Family
We would like to express our heartfelt gratitude to Parkside Business & Community In Partnership, Inc. Their support and guidance were instrumental in making our homeownership dream a reality. Their expertise and assistance helped us navigate the complexities of buying a home with confidence. The journey to homeownership taught us valuable lessons about financial responsibility and sacrifice. The most challenging aspect was adjusting our lifestyle and giving up some of our usual indulgences to become more financially responsible. However, this sacrifice was ultimately rewarding, as it helped us achieve our goal of homeownership.
The easiest and most enjoyable part of our journey was finding a home that not only met our needs but also captured our hearts. We were fortunate to discover a property that we immediately fell in love with, simplifying the decision-making process thanks to our exceptional realtor, Asha Anderson. Her expertise and guidance were invaluable, providing us with a detailed timeline that kept us informed and prepared at every stage of the process. Contrary to our expectations, the lending process was surprisingly smooth and straightforward. This ease alleviated much of the stress typically associated with mortgage applications and approvals.
In conclusion, while the path to homeownership required some sacrifices and presented a few challenges, the support of our realtor, lender, and community partners made the journey manageable and ultimately successful. We are thrilled to have achieved this milestone and look forward to creating memories in our new home.
Click here to request an information packet and we'll send you a information packet to put you on the road to homeownership with PBCIP's Hope Institute.
2025 Hope Institute Workshop Series:
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Spring/Summer (May 2025)
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Fall 2025 (September)