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
January 2025.
Success Story
Mr. Taylor: I would like to share my home ownership journey and the ups and downs that I experienced. The biggest lesson learned from the classes and counseling were the programs offered for down payments in New Jersey as well as the basic information about credit cards, savings and investing. It may be simple facts but it was truly helpful. In terms of financial responsibility and changes I’ve made, I stopped using my credit card and started spending with my debit card. I felt that I was overspending and would lose track of purchases. Switching to the debit card made me more accountable and could only spend what I had. I also started saving every paycheck allowing my savings to grow. Lastly, one of the hardest things that I had to change was my habit of eating out. I really enjoy trying new restaurants and having the experience but I knew that it cost me a good chunk of my check. I am happy to say I closed on my home June 2024.
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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Winter/Spring 2025 (January)
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Spring/Summer (May 2025)
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Fall 2025 (September)