The Michaels Organization has broken ground on 58 apartments in Camden, the final piece of a project to redevelop a former public housing complex in partnership with state officials.
State officials have awarded more than $22 million in new funding under a federal tax credit program for affordable housing developers, supporting 17 projects that will create some 1,200 units for families, seniors and residents with special needs.
A Hamilton-based design and planning firm has expanded its footprint and bolstered its offerings with the acquisition of a Camden-based practice.
A newly enacted law allows New Jersey municipalities to assemble blighted properties within their borders, creating land banks that they can use to spur much-needed redevelopment.
A development group has completed a new 156-unit apartment building on the Camden waterfront, delivering the city’s first new market-rate rentals in more than a decade.
The Michaels Organization is on track to rehabilitate 64 historic affordable housing units in Camden, thanks in large part to financing from TD Bank and state and local funding sources.