Select
Development Portfolio
Westport
Homes
Third Street, Elizabeth, New Jersey | Rental Information
 A
HOPE VI Program providing 108 affordable rental units
ranging from one to three bedrooms per unit. Construction completed in February 2002.
Continued
development of HOPE VI and LIHTC programs merging
private and public funds to create a model community. This results in re-densifying the area and transforming public
housing into an energy efficient, modern and privately
managed housing facility.
Financing
was provided by:
- 9%
Federal Low-Income Housing Tax Credits
- HOPE
VI Mortgage Loan
- New
Jersey Balanced Housing Program
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