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Ribbon cutting celebrates the grand opening of Freedom Village at Hamilton Woods

Ribbon cutting celebrates the grand opening of Freedom Village at Hamilton Woods

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Hudson Valley Property Group Completes $57 Million Preservation of Corinthian Towers Affordable Housing Community in New Jersey

EAST ORANGE, NJ - Hudson Valley Property Group, a leading, national affordable housing preservation company, announces the completion of the $57 million preservation project at Corinthian Towers, a 221-unit housing complex in the 4th Ward of East Orange, New Jersey.
City of East Orange Mayor Ted R. Green, U.S. Housing and Urban Development (HUD) and New Jersey Housing and Mortgage Finance Agency (NJHMFA) officials attended a ribbon cutting ceremony earlier today to celebrate the completion of...

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Hudson Valley Property Group and Officials Celebrate Renovation of Corinthian Towers Affordable Housing Complex

/PRNewswire/ -- Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, announces the completion of the $57 million...

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New Jersey Using $325 Million in Federal Money to Help Homeowners Pay 'Housing Cost Delinquencies'

New Jersey officials plan to use $325.9 million in federal Homeowner Assistance Fund (HAF) dollars to provide financial ...

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Atlantic City Housing Authority and The Michaels

Mayor Marty Small Sr., NJHMFA, state lawmakers, City Council members and residents join celebration of much-needed community improvements...

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NJ real estate: Starter homes hard to afford in market

NJ real estate: Starter homes hard to afford in market
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NJ real estate: Starter homes hard to afford in market

NJ real estate: Starter homes hard to afford in market
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Middlesworth Road Supportive Housing serves those with developmental disabilities

Middlesworth Road Supportive Housing serves those with developmental disabilities
Middlesworth Road Supportive Housing serves those with developmental disabilities

ADTI Housing Corp., the housing subsidiary of Alternatives, Inc., completed renovations on the single-family home located in Hillsborough to best serve individuals with developmental disabilities.
Every resident will now have access to their own private bedroom and will share all common amenities within the project site, according to information provided by NJHFMA. The amenities include the kitchen, living room, two bathrooms, laundry, family room, outdoor patios and a large yard.
“New Jersey is committed to creating sustainable, supportive housing solutions for residents who are differently abled,” Lt. Governor Sheila Oliver, who serves as the N.J. Department of Community Affairs commissioner and HMFA board chair, said in the statement after the April 28 event. “The benefit of living as an integrated part of the community while receiving supportive services is the key to success and we welcome this addition to supportive housing in Somerset County.”

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Standard makes $38M bet senior housing in Atlantic City

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In its first acquisition in New Jersey, Standard Communities, the affordable housing division of Standard Companies, has acquired Baltic Plaza Apartments, a 169-unit affordable senior community in Atlantic City. The total capitalization of this transaction is approximately $38 million.
Built
in 1982 and located at 1313 Baltic Avenue in Atlantic City, Baltic Plaza’s
units are supported by a Project-Based Section 8 Housing Assisted Payment (HAP)
contract.
Standard Communities completed this transaction in partnership with the U.S. Department of Housing and Urban Development (HUD) and the New Jersey Housing and Mortgage Finance Agency (NJHMFA). The transaction was financed with Low Income Housing Tax Credits (LIHTC) arranged in partnership with PNC Bank, with additional financing provided by Citibank.

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DCA: Trenton could lose $18.5M state aid if Mayor Gusciora fails to comply ASAP

DCA: Trenton could lose $18.5M state aid if Mayor Gusciora fails to comply ASAP
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