$22mm Affordable Housing Development in South Ironbound

A developer is expected to break ground Wednesday on the first affordable housing project to come to Newark’s East Ward in 30 years, which is to include 80 affordable rental units, officials said.

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Further proof that even in a difficult market there is the ability to get projects off the ground.  Developers need to be aware of government programs for low income housing, historic preservation, transportation hubs, brownfields, UEZs and other government programs that will allow projects to get off the ground.

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