Newark’s The Portnow Development Nabs $90 Million Tax Credit
A 14-story Newark project near Broad Street Station that includes a significant affordable housing component has been awarded a sizable tax credit.
Affordable Housing Conversion Planned for Abandoned McGinley Square Building
A longtime neighborhood eyesore, this Storms Avenue building, owned by former NBA player Terry Dehere, is now seeing plans for revitalization.
HUD Awards More than $19M to Hudson County to Preserve Public Housing
HUD awarded more than $85 million to the Garden State for public housing improvements and more than $19 million will be distributed in Hudson County with Jersey City and Hoboken receiving the largest sums.
Proposal for 75-Unit ‘Inclusionary’ Development Under Consideration in Clark
A Clark property that has sat vacant since a supermarket closed 15 years ago might become the site of a 75-unit development.
Jersey City Launches First-Time Homeowner Assistance Program
The Golden Neighborhood Homeownership Program, which aims to help low- and moderate-income residents with down payment and closing cost aid, is accepting applications through the end of October.
Following Sale, Paterson’s Hamilton Square to Undergo $7.5M Renovation
A Paterson development will be undergoing a major rehabilitation effort that will restore unused residences into affordable housing stock.
Hoboken Hilton Deal Includes $4.5 Million in Givebacks, Will Renovate YMCA
Pending council approval, a hotel development deal now includes funds to renovate a post office, restore a decaying community center, and create new educational spaces for public use.
Not Without Controversy, Jersey City Advances Inclusionary Housing Ordinance
The council voted 7-2 to introduce a 20 percent affordable housing requirement on all new developments over 15 units, but amendments looking to eliminate several carve-outs in the law were rejected for now.
New Renderings Emerge as 357-Unit Project Heads to Hoboken’s Planning Board
A 184-foot-tall development with several community givebacks could gain final approvals despite some sudden controversy over the building’s height.
New Renders Emerge as Jersey City Approves Steel Tech Redevelopment
A major Jersey City project that includes a marketplace, recreation center, and several community-minded components can now move forward at a former industrial site in Bergen-Lafayette.
