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Old Posted Jan 22, 2017, 11:43 PM
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Location: New Jersey - Somerset County
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NEWARK | 359-407 Halsey Street | FT | 4 FLOORS

Project: 359-407 Halsey Street

A building called ‘The Residences at Symphony Hall’ will rise at 359-407 Halsey Street in Newark’s Central Ward, between West Kinney Street and Crawford Street. A groundbreaking ceremony was held in June for this four-story development, an affordable community containing 20 one-bedroom units and 40-two bedroom units.

According to a statement from the City’s Department of Economic and Housing Development, six units will be reserved for individuals with a mental illness and nine units will be set aside for residents who both are experiencing homelessness and have a disability. A community room, a play area, rehearsal space, a social services suite, and 55 parking spaces will also be included at The Residences.

The project is being developed by Collingswood, Camden County-based Ingerman and Paoli, Pennsylvania-based BCM Affordable Housing, in association with the Actors Fund Housing Development Corporation, the Mental Health Association of Essex County, and the YMCA of Newark and Vicinity. City records from earlier this month show that the developers are slated to receive a Federal HOME Funds loan for $950,000.
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