Super Storm Sandy Projects
Dr. Lena Edwards Apartments
CDC Properties, Inc. and Genesis Companies partnered with NJRA to construct a 64-unit, five-story affordable housing development in Jersey City, NJ. The Dr. Lena Edwards Apartment complex will be located on a former brownfield site with one-two and three-bedroom units for low and moderate income families.
Situated along the Jersey City’s Turnkey Redevelopment Area, the project will convert a vacant underutilized site into an economically viable residential neighborhood.
Fairmount and Eleven Housing Project
One of Newark’s many redevelopment goals is the strategic revitalization of the West Ward. NJRA will provide $350,000 to CDC in order to cover predevelopment cost associated with the construction of two four-story buildings for seniors with five of those units set aside for the special needs population.
The Fairmount and Eleven/Eleven Housing Project is new construction on two city-owned lots that would create 52 one and two bedroom units for low income seniors. This project also includes common amenities such as laundry facilities, security services and a community space.
United Cerebral Palsy of Northern Central and Southern New Jersey and Fieldstone Estates, LLC
Egg Harbor Hotel Conversion Project
NJRA is partnering with the United Cerebral Palsy of Northern Central and Southern New Jersey (UCP) and Renewable Jersey at Egg Harbor, LLC to convert the Clarion Hotel and Convention Center into 84 affordable housing units.
The $500,000 loan provided through the PDLF will be used to pay for the predevelopment costs associated with the conversion of the hotel. The conversion project entails the adaptive reuse of the six-story hotel which will include one - two and three-bedroom units for special needs families of low income. This project will also include on-site health care, supportive housing, treatment, and crisis intervention, and employment advocacy for residential needs.
This project located within the West Atlantic City Redevelopment area meets the township of Egg Harbors' objectives to construct affordable units for the community which was devastated by Superstorm Sandy.