HMFA details $24 million tax credit round, eyeing 1,200 affordable units

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.

Final phase of Camden redevelopment project underway, HMFA says

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 unveils Newark affordable housing project with Pennrose, RWJBarnabas

A developer is partnering with one of the state’s largest hospital systems to create dozens of affordable housing units near Newark Beth Israel Medical Center.

HMFA awards $22.5 million in tax credits, supporting 1,200 affordable units

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.

Affordable apartments in Newark rehabbed with LIHTC tax credits

State and local officials cut a ceremonial ribbon Thursday to mark the major rehabilitation of a decades-old building with 200 apartments for working families in the city’s Central Ward.

PIRHL, HMFA kick off 86-unit affordable housing project in Somerset County

A development team has broken ground on a residential project that will bring 86 affordable apartments to families in Somerset County.

Michaels, Camden housing authority break ground on 75-unit project

A partnership has kicked off the next phase of a plan to redevelop a former public housing complex in Camden, breaking ground on 75 apartments in the city’s Centerville neighborhood.

Developer, HMFA unveil 184-unit apartment complex in North Brunswick

Community Investment Strategies has completed its rehabilitation of a North Brunswick apartment complex, delivering 184 new units that will serve as affordable housing.

Industry leaders Zucker, Marchetta honored at annual Monmouth dinner

A crowd of hundreds turned out Thursday for Monmouth University’s 26th real estate awards dinner, honoring Ralph Zucker and Anthony Marchetta as part of an annual scholarship fundraiser and show of support for the university’s Kislak Real Estate Institute.

Petrucci, TD+Partners kick off second phase of $40 million Plainfield project

A joint venture has broken ground on 90 new apartments in Plainfield, marking the second phase of a mixed-use project to redevelop a site that sat vacant for some three decades.