Affordable Housing

A developer is planning 300 units in Hopewell Township, Mercer County. 48 of the units would reportedly be reserved for "low and moderate-income households."

Two community associations have penned a letter opposing the 2,360-unit plan, while two other groups support the proposal due to affordable housing and public benefits that are included.

A total of 153 units of affordable housing across three properties in Atlantic City recently traded to the development arm of WinnCompanies.

Dueling inclusionary zoning ordinances and a large affordable component that could be included in the Bayfront development have created optimism that officials might address a longstanding issue.

Philadelphia-based developer Pennrose LLC and administrators of the Township of Edison recently broke ground on a 172-unit affordable and veteran housing development at the former U.S. Army Camp Kilmer.

As the city becomes attractive to developers, several battles are being waged in hopes of keeping the community inclusive, including attempts to expand affordable housing.

A developer has applied to construct 40 units near a Fort Lee office building, all of which would be designated as “affordable housing.”

The five-story facility on Broad Street a few blocks south of Newark City Hall is also expected to include a child care center.

A developer wants to bring a project with over 100 apartments to an industrial site by the Hackensack River in Secaucus.

The New Jersey Housing and Mortgage Finance Agency has awarded funds that will help add over 1,400 units of affordable housing to the Garden State, including three major projects in Jersey City and Newark.