A development team has taken the wraps off a new 90-unit affordable housing property in Plainfield, while bringing new life to what was a blighted commercial property.
Developers in New Jersey have until late July to apply for a share of $24 million in tax credits to help finance affordable housing, under a new timeline announced Wednesday by a state agency.
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 Cos. has secured more than $90 million in financing and equity to rehabilitate and enhance a 429-unit affordable housing complex in Newark.
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.
