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Saturday, dec 21
Tag:
Affordable Housing
News
NJ Sets New Affordable Housing Quotas: Check Your Town's Numbers
Municipalities across New Jersey must add or rehabilitate approximately 146,000 affordable housing units by 2035. Last week, the Department of Community Affairs released non-binding calculations for every town across the Garden State by a new law requiring each town to meet a specific obligation. You can click here to see the numbers in your town (page 20). The list includes two sets of numbers: "Present Need" and "Prospective Need." Present Need refers to renovating existing substandard units while Prospective Need refers to the number of new units that each municipality must create. Whi…
Real Estate
Cornerstone At Grassy Hollow II Opening In Fall 2024
A premium apartment complex promising affordable housing and resources in Manahawkin is close to welcoming its first residents, officials said. The first building of the Cornerstone at Grassy Hollow II is expected to open its first building in mid-September, the developer Walters said in a news release on Monday, June 3. Construction was on track to be completed for the community at 200 Back Road in November. The income-restricted development will have 34 one-to-three-bedroom apartments in two buildings. "Creating high-quality affordable housing that meets the needs of residents is a real …
News
Bringing Affordable Housing To NJ Just Got Easier: Are You For Or Against It? (
Poll
)
New Jersey is hoping to become a national leader for affordable housing. Last week, Gov. Phil Murphy signed into law a bill making it easier for municipalities to get funding to build more affordable housing and track its progress in meeting its benchmarks, under the Mount Laurel affordable housing doctrine. "We will be able to create more certainty and lower costs in New Jersey’s affordable housing landscape," Murphy said of the legislation. The Mount Laurel doctrine was created after the New Jersey Supreme Court ruled in 1975 that every municipality must "make realistically possible an a…
News
Housing Development Aims To Revitalize 'Pretty Desolate' Part Of Atlantic City
A project is aiming to bring more affordable housing to an underdeveloped area of Atlantic City, officials said. Construction crews are building four multi-family homes in a development in the Southeast Inlet called Lighthouse Row. The $4 million project is in a previously vacant lot off South New Hampshire Avenue between Atlantic and Pacific avenues. Mayor Marty Small Sr. and other officials held a news conference on Tuesday, Mar. 19 to showcase the work near the Absecon Lighthouse. They were joined by developer Keith Groff, who has owned a home in the neighborhood for about 20 y…
News
'AI Moonshoot' Among Murphy's Ideas To Make Life More Affordable For NJ Residents
Gov. Phil Murphy sees New Jersey as a future global leader in artificial intelligence, while balancing the urgent financial needs of families during his 2024 State of the State Address. In his speech on Tuesday, Jan. 9, Gov. Murphy spoke about "an era of unease and uncertainty" defined by economic recovery during the COVID-19 pandemic, along with wars in Israel and Ukraine. He also talked about how higher costs of living are the biggest challenges for many families. "Making life more affordable for more families is our highest priority," said Gov. Murphy. "We need to recognize t…
News
Bon Jovi Surprises Fans At Chili Cook-Off
Jon Bon Jovi made a surprise visit to a chili cook-off at JBJ Soul Kitchen. There was a fierce competition among a dozen first responder teams — and Bon Jovi made it a point of sampling each team's chili while mingling with the crowd, Toms River Online reports. The event marked JBJ Soul Kitchen’s 7th Annual Chili Cook-Off on Hooper Avenue in Toms River. A Sayreville native, the rocker founded his Jon Bon Jovi Soul Foundation in 2006 to help combat hunger, poverty and homelessness. Diners pay a donation for American bites at Jon Bon Jovi's community restaurant chain. The Hooper Avenue lo…
Sports
Shaq Gets Nostalgic During Jersey City Visit
Shaquille O'Neal stopped by his old Jersey City stomping grounds. The NBA legend posted a series of photos to his Instagram page that show him standing outside of the Oak Street home across from PS 14. View this post on Instagram A post shared by DR. SHAQUILLE O'NEAL Ed.D. (@shaq) "Chilltown JC guess who's back #OAKST BOYZ no 14 school love y'all," he wrote. O'Neal has been in the area as he unveils his Newark projects. One, the refurbishment of the David L. Warner Park's basketball courts dubbed "Comebaq Court." The other, the 777 McCarte…
Police & Fire
Ex-Jersey Shore Administrator Admits Stealing $450K From Affordable Housing Group: Prosecutor
A former administrator of a Jersey Shore-based affordable housing organization admitted stealing nearly $450,000 from the non-profit, authorities said. The Affordable Housing Alliance provides housing, support, and services to low- and middle-income families in Monmouth, Ocean and Middlesex counties. Debra Agresti, 59, of Long Branch was sentenced to five years in New Jersey State Prison on Friday after pleading guilty to the thefts over the course of nearly seven years, according to Acting Monmouth County Prosecutor Lori Linskey. Agresti reportedly admitted that while working for th…
Real Estate
Jersey City Moves Forward With Largest Mixed-Income Development Site In Tri-State Area
The first phase of the redevelopment plan for Jersey City's Bayfront property -- the largest mixed-income development site in the region -- was announced Tuesday amid the coronavirus pandemic. The Bayfront Redevelopment Plan will transform the once contaminated site along the Hackensack Riverfront into the centerpiece of the West Side revitalization, Innovate JC said in a release. Jersey City expects to break ground on Bayfront's infrastructure work in the fall. Phase one consists of the development of four parcels within the area upon which a total of 1,092 units will be built in mu…
Police & Fire
Feds: Hudson Accountant Swiped Hundreds Of Thousands From Englewood Affordable Housing Corp
A Hudson County accountant embezzled hundreds of thousands of dollars from a non-profit corporation dedicated to providing affordable housing to Englewood residents, federal authorities said Tuesday. Yezenia Castillo, 44, of Hoboken, was charged with four counts of wire fraud for “using her position as the accountant for the non-profit company to issue unauthorized checks made payable to herself or entities she controlled,” U.S. Attorney Craig Carpenito said. Although federal authorities didn’t publicly identify the company, Daily Voice learned that Castillo worked for the Great Englewood H…
Real Estate
Affordable Housing Units Coming To Rosie O'Donnell's Former Bergen County Property
TV personality Rosie O’Donnell’s former property in Bergen County will soon be transformed into affordable housing units. The project, approved by local officials Feb. 10, is the settlement to a lawsuit that claimed that the Borough of Saddle River systematically enforced zoning policies to exclude working families and people of color. The five-acre estate on E. Allendale Road, as well as two adjoining lots, will become an inclusive development with eight homes that will remain affordable to working families as per a landmark agreement with the Fair Share Housing Center. Three new affordab…
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