A development team has closed on $42 million in financing for a project that will bring 78 affordably priced apartments to an area just north of Newark’s University Hospital.
A developer has broken ground on a two-building, 65-unit senior housing complex in Vineland, helping to repurpose the former site of a hospital that closed in 2004.
A development team has broken ground on a 56-unit apartment building in Irvington that will serve low- and moderate-income renters and residents with special needs.
A partnership is eyeing plans to bring 74 new apartments to Paterson, in a project that calls for both new construction and the restoration of a historic mill property near the city’s Great Falls.
A new 78-unit affordable housing development is coming to Newark’s West Ward as part of a collaboration among state officials, private-sector builders and a key hospital in the city.
Developers are cheering the adoption of a law to stem foreclosures in New Jersey, calling it a move that supports the housing market while preventing the buildup of vacant properties.
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.
The state has named the new leader of the New Jersey Housing and Mortgage Finance Agency, tapping a key official in the Department of Community Affairs to fill the role.
The state has extended and expanded an emergency grant program for New Jersey apartment landlords, drawing praise from the multifamily sector despite the need for additional relief.
