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Bergen County Funds Awarded for the Construction of a Senior Complex in Little Ferry

seniors working artchick

photo by ArtChick

the staff of the Ridgewood blog

Little Ferry NJ,  The Bergen County Board of County Commissioners passed a resolution on Wednesday, February 2 which approved the disbursement of $750,000 in HOME Program funds. In addition to the Bergen County Division of Community Development, other funding sources for the project include the New Jersey Housing and Mortgage Finance Agency, the Federal Home Loan Bank of New York, and N.J. State tax credits that incentivize the development of needed senior low income housing. This development will be one of the largest senior housing complexes constructed in Bergen County in a decade. The complex will be contained in a single three story building with an attached parking lot, lobby, community room, an on-site superintendent, walkable paths, gardens, and outdoor seating areas.

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New Jersey Looking to Buy Foreclosed Homes

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the staff of the Ridgewood blog

River Vale NJ, Holly Schepisi New Jersey State Assemblywoman for District 39 ,Currently, New Jersey has a total of 391,428 vacant housing units, according to Census data, with the highest concentration in Newark. These numbers are staggering particularly as we build hundreds of thousands additional units of court imposed housing in New Jersey. Why aren’t we converting even a fraction of these homes into affordable housing rather than building on every last remaining parcel? What is wrong with this State?

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