The New Jersey Economic Development Authority (NJEDA) Board on Oct. 22 approved three awards under the Aspire Program to support affordable residential development projects in Newark.
The Cottage Place and Crown Village projects will create or rehabilitate 274 housing units and provide supportive services for residents.
“These funds, earmarked for new construction, renovations, and built-in social services will improve the lives of our respected elders and our most vulnerable individuals and families,” said Newark Mayor Ras J. Baraka. “We are grateful to Gov. Sherrill and the NJEDA for awarding these grants and demonstrating their complete alignment with our city’s mandate to provide quality homes at affordable cost, in the shortest reasonable time, to as many Newarkers as possible.”…