Benefits to Residents

  • Aging in Place

    Senior households will be able to remain in place and age in their homes

  • Strong Financial Outcomes

    Sustained housing affordability will promote residents’ economic wellbeing and facilitate wealth-building

  • Strong Health Outcomes

    Continued housing stability and enhanced apartment facilities will promote mental health

  • Neighborhood Amenities

    Transportation (train station), pharmacies, supermarkets, public school system/library, downtown shops & stores, waterfront & other public parks

Benefits to the City & Region

  • Curb Appeal

    The Project will improve the overall aesthetic of the property by making improvements to the site and building exteriors. The Project will also feature a mural that will beautify the property and enhance the neighborhood’s visual appeal.

  • Job Creation

    The Project is estimated to create 40 fulltime jobs over 12 months and will recruit from local communities. 20% of contract dollars will be awarded to M/V/WBEs to the extent possible.

  • Local Spending

    Mitigated rent burden will facilitate local business patronage and spending.

  • Regional Business Support

    The Project will incorporate products manufactured by New Jersey-based companies.

Mural Provided by Artrepreneur

We are excited to include a mural in the scope of work for the project. If you are interested in participating in the mural design process, please complete a brief survey.

Post Renovation Benefits

  • Post-renovation, the Property will employ a full-time Resident Services Coordinator (RSC) on-site. This staff member will be involved in providing assessments, case management, crisis intervention, programming and Medicaid/Medicare service referrals.

  • In addition, the RSC will opportunistically partner with local organizations to provide access to programming tailored toward the Property’s family and disabled residents. Programming includes activities centered around health and wellness in addition to activities geared toward recreation.

  • Related Affordable and PK Management will work together to identify opportunities to expand the scope of resources available to residents.