A state agency is set to fund the construction of some 1,400 low- and moderate-income apartments in the state, thanks to a new allocation of a popular federal subsidy program.
The longtime head of the New Jersey Housing and Mortgage Finance Agency has stepped down from the post and is preparing to start his own consulting firm.
Developers have completed a nearly $12 million affordable housing project in Woodbridge, delivering 57 units that will be reserved for seniors and homeless residents.
A multifamily developer has kicked off an $18.7 million rehab of a 156-unit property in Bridgeton, where it aims to modernize the community and expand services for residents.
Community Investment Strategies Inc. has taken the wraps off its latest project, a 93-unit, affordably priced rental building geared toward senior citizens in Monmouth County.
Construction is underway at what will be a new low- and moderate-income residential community in Woodbridge, replacing a former 1950s-era public housing complex.
A Boston-based mortgage banking firm has closed a $95 million loan to recapitalize a Jersey City apartment complex and allow it to continue to offer federally subsidized affordable housing.
The Walters Group has opened the doors to a new 70-unit age-restricted community in Barnegat, touting a project that was completed less than a year after it closed on the property.
A developer has broken ground on a new affordable housing and retail complex in downtown Vineland after securing nearly $18 million in financing, a representative said.