Affordable Housing

A long battle over how to best create new affordable housing in Jersey City could reach its conclusion by the end of this year.

Shuster Development looks like it will soon be constructing the second phase of one of Downtown JC’s more prominent condominium projects.

The project, which is adaptively reusing an old Wonder Bread factory into 83 condominiums and retail space, looks to deliver their first homes during the middle of 2021.

A Hoboken institution will add much needed affordable housing units for veterans.

The Hoboken City Council approved a redevelopment agreement for a three-building complex, with 10% of units set aside as affordable housing.

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.

The city council has signed off on a scheme that would permit Lennar Multifamily Communities to build a tiered high-rise including 41 workforce housing units, a renovated park, and a 50,000-square foot public school.

Genesis Companies and the Housing Authority of the City of Elizabeth (HACE) recently completed construction on 60 affordable housing units in Elizabeth.

A recently completed New Brunswick community will be retiring its existing construction loan stemming from building the 222-unit project.

Jersey City’s Council took a step earlier this week to clarify how their affordable housing units are doled out, and the regulations would also give city residents the first shot at snagging one of the apartments.