The Coaster
Friday, January 27, 2023
No Result
View All Result
  • Browse News by Town
    • Allenhurst
    • Asbury Park
    • Avon
    • Bradley Beach
    • Deal
    • Interlaken
    • Loch Arbour
    • Long Branch
    • Neptune
    • Neptune City
    • Ocean Grove
    • Ocean Township
    • Tinton Falls
  • About Us
  • Advertise
  • Contact Us
Subscribe / Renew
  • Browse News by Town
    • Allenhurst
    • Asbury Park
    • Avon
    • Bradley Beach
    • Deal
    • Interlaken
    • Loch Arbour
    • Long Branch
    • Neptune
    • Neptune City
    • Ocean Grove
    • Ocean Township
    • Tinton Falls
  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
The Coaster
No Result
View All Result
Home Asbury Park

Asbury Park to Receive Over $7 Million for Affordable Housing

by The Coaster Editorial Staff
July 28, 2016
in Asbury Park
3
VIEWS
Share on FacebookShare via EmailShare on Twitter

 

coaster-news-200-newTwo large-scale affordable housing projects will soon be underway in Asbury Park’s Springwood Avenue corridor, thanks to cooperation between the City, the Housing Authority, and state elected officials.

Asbury Park Councilwoman Yvonne Clayton today announced that Renaissance Village, a 64-unit affordable housing project, would receive $7,870,000 from the third round of Community Development Block Grant funding. These Sandy-related federal funds are passed through the State of New Jersey under the Fund for Restoration of Multifamily Housing. An additional award has been allocated for demolition and rebuilding of the Boston Way project, for approximately 120 mixed-income units.

“Years of planning will finally come to fruition with these funds,” Councilperson Clayton said. “This project will continue the redevelopment momentum in the west side of the City by providing dedicated housing and retail space that does not currently exist.”

As proposed, Renaissance Village will include 64 units of housing, including one, two, and three bedroom apartments. It will also have street-level commercial space for retail, a community room, computer lab, bike room, and on-site parking.

Asbury Park City Councilwoman Eileen Chapman said, “It is wonderful to announce something this important to the City in my first few months on the job as a governing body member.”

Deputy Mayor Quinn expressed gratitude to the City’s partners in these endeavors, the Michael’s Group for Renaissance Village and the Housing Authority for Boston Way.

“If we all continue to work together, great things will keep happening in the City,” Deputy Mayor Quinn said.

Councilman Jesse Kendle said “Projects like these are just what the Springwood Avenue corridor needs, to give people a place to live and to raise their families, visit the new Springwood Avenue Park, and be part of the community.”

Both projects are anticipated to start within a year. Contracts must be signed and applications and permitting must be completed. But, “When demolition is complete we’ll be able to take out the old-style public housing units and put up these beautiful and modern homes,” said Mayor John Moor.

Related Posts

Disussions Continue to Preserve Asbury Park Historic Sites

Disussions Continue to Preserve Asbury Park Historic Sites

January 25, 2023
Developer ‘Cares Deeply About Boardwalk’ As Iconic Asbury Park Buildings Deteriorate

Developer ‘Cares Deeply About Boardwalk’ As Iconic Asbury Park Buildings Deteriorate

January 25, 2023
In Asbury Park Steps Taken to Create Citizen Review Board

City Gets Good Marks for Budgeting

January 25, 2023
St. Patrick’s Day Fundraisers in City

St. Patrick’s Day Fundraisers in City

January 24, 2023
Asbury Park’s New Athletic Director

Asbury Park’s New Athletic Director

January 18, 2023
Asbury Park Historical Society Welcomes Public to Annual Membership Meeting

Asbury Park Historical Society Welcomes Public to Annual Membership Meeting

January 17, 2023

Trending This Week

Ocean Grove Ladies Auxiliary Raised $58,000 for Projects

Pilot Parking Program is Topic Of Special Meeting in Ocean Grove

January 25, 2023
Developer ‘Cares Deeply About Boardwalk’ As Iconic Asbury Park Buildings Deteriorate

Developer ‘Cares Deeply About Boardwalk’ As Iconic Asbury Park Buildings Deteriorate

January 25, 2023
Stabbing Incident at Asbury Park High School

Red Bank Man Charged With Numerous ‘Upskirting’ Offenses

January 24, 2023
Disussions Continue to Preserve Asbury Park Historic Sites

Disussions Continue to Preserve Asbury Park Historic Sites

January 25, 2023

Advertise Online with The Coaster

Advertise on The Coaster to reach countless new customers for your local business.

START ADVERTISING TODAY

E-mail Newsletter

Sign up to get a free weekly newsletter to your inbox.

Subscribe

Contact Us

The Coaster
1011 Main St
Asbury Park, NJ 07712
Phone: 732-775-3010
FAX: 732-775-8345
editor@thecoaster.net

Email Newsletter »

All Articles

Search Our Site

No Result
View All Result

© 2023 The New Coaster, LLC. All rights reserved.

No Result
View All Result
  • Browse News by Town
    • Allenhurst
    • Asbury Park
    • Avon
    • Bradley Beach
    • Deal
    • Interlaken
    • Loch Arbour
    • Long Branch
    • Neptune
    • Neptune City
    • Ocean Grove
    • Ocean Township
    • Tinton Falls
  • About Us
  • Advertise
  • Contact Us
Subscribe / Renew

© 2023 The New Coaster, LLC. All rights reserved.