Bishop Joseph A. Galante will preside at a ground breaking ceremony for a new senior housing project in Cherry Hill on Thursday, Sept. 27, at 10 a.m.
The new 74-unit Benedict’s Place senior housing development, at 206 St. Mary’s Drive, is sponsored by the Diocesan Housing Services Corporation of the Diocese of Camden, Inc. Funding for the $16.6M project was provided by the U.S. Department of Housing & Urban Development (HUD $11.6M) the New Jersey Housing Mortgage and Finance Agency Low Income Housing Tax Credit Program (NJ-HMFA $4.1M), Camden County HOME ($500K), and Cherry Hill Township Affordable Housing Trust Funds ($350K).
The Diocesan Housing Services Corporation currently offers 637-units of affordable housing to low income family and senior households at Victorian Towers (Cape May), Village Apartments (Cherry Hill), Davenport Village (Hainesport), Shepherd’s Farm (W. Deptford), Stonegate at St. Stephen (Pennsauken), Haven House at St. John of God (N. Cape May) and the Village at St. Peter’s (Pleasantville).
“Benedict’s Place is a continuation of our strategy to provide more affordable housing in areas of need,” explained Peter O’Connor, president of the Diocesan Housing Services Corporation Board of Trustees.
“We are committed to providing an ‘on budget’ property that is not only affordable for seniors, but through management and design has features that result in resident and community pride,” said Curtis H. Johnson, Jr., executive director of the Diocesan Housing Services Corporation.
Eligible senior residents must be at least 62 years and meet income and other federal and state requirements. For information, call 856-342-4150.
|< Prev||Next >|