State officials announce funds for rental properties coming to G - NBC40.net

State officials announce funds for rental properties coming to Garden State

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EGG HARBOR TWP. -

Wednesday New Jersey state officials, Atlantic County Freeholders, and officials from the Department of Community Affairs, gathered at the Clarion Hotel in Egg Harbor Township for a major announcement.

"This was really a top priority for the state of New Jersey, they took on the responsibility," says the Mayor of Egg Harbor Township James "Sonny" McCullough.

In an effort to help New Jersey recover from the loss of multi–family housing as a result of Hurricane Sandy, Garden State officials along with the Mayor of Egg Harbor Township, announced a commitment that will bring more than 135 million dollars in disaster recovery funds. That will help create more than 22 hundred affordable housing opportunities in the nine counties most impacted by the storm.

"We are trying to gear this to veterans and disabled veterans, who need affordable housing locally," says the Mayor.

In addition to low–to–moderate income families, such as families of four earning less than 60–thousand a year.

"We want to make sure that individuals that have the means, but not a lot of it, are not priced out of the rental market," says Department of Community Affairs Commissioner Richard Constable.

The announcement, was made at the former Clarion Hotel and Convention Center in Egg Harbor Township that was damaged by Hurricane Sandy. The property will now be converted into 83 affordable rental units.

"We want to make sure, that if they want a place and need a place to call home, in the wake of the storm, that they have a place to call home," explains the Commissioner.

According to state officials, about 34 housing unit projects like the one at the Clarion will be developed. With construction slated to begin in about 2 to 4 months. Offering displaced families a place to call home.

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