Community Investment Strategies has secured more than $15 million in financing to preserve and renovate an 86-unit affordable senior housing property in Lambertville.
There’s not enough supportive housing in New Jersey, according to advocates and industry experts, and they hope incentives in the state’s revamped affordable housing rules will help expand the market.
Pennrose has started construction on a project that will bring 66 new age-restricted, affordable housing units to downtown New Brunswick with the help of state and city funding sources.
A joint venture has kicked off a sweeping $124 million project to modernize and preserve a two-building, 304-unit affordable housing property in downtown Trenton.
The coalition of towns seeking to undo New Jersey’s new affordable housing law is taking its case to federal court, arguing the framework violates the Constitution’s equal protection clause.
A private investor has acquired a 284-unit senior housing property in the Camden County borough of Barrington, in a newly announced deal by Hudson Atlantic Realty.
Construction is underway on a project that will expand the footprint of The Newark Museum of Art, infusing the property with new mixed-income housing and public and exhibitions spaces.
The coalition of towns seeking to block New Jersey’s new affordable housing law will soon have another day in court, having raised fresh concerns about the process that state officials will use to resolve zoning disputes and about a set of newly released regulations.
A development team has closed on $94 million in financing for a plan to bring 250 apartments, retail space and a new gallery to the Newark Museum of Art’s campus on Central Avenue.
