Developer lands HMFA tax credits for South Jersey affordable housing projects

A developer has secured $32 million in financing commitments for a pair of affordable housing projects in Cumberland and Camden counties.

HMFA awards $28 million in tax credits, supporting 1,400 affordable housing units

By Joshua Burd The state has awarded its latest round of funding under the federal Low Income Housing Tax Credit program, allowing developers to generate an estimated $270 million in private equity in support of more than 1,400 new affordable…

Jonathan Rose lands $92 million for Newark affordable housing rehab

Jonathan Rose Cos. has secured more than $90 million in financing and equity to rehabilitate and enhance a 429-unit affordable housing complex in Newark.

Developer secures LIHTC financing for 84-unit Newark project, Day Pitney says

A developer is tapping into the federal Low Income Housing Tax Credit program as part of a planned 84-unit, mixed-income rental project in Newark, in one of several recent transactions announced by Day Pitney LLP.