Community Corner
Princeton Community Housing To Build 25 Affordable Homes
The new three-story building will have apartments for very low-, low-, and moderate-income households.
PRINCETON, NJ —Princeton Community Housing kicked off the public phase of their “Home Means Hope Campaign” which aims to raise $2 million to build 25 new affordable homes in the municipality.
The new three-story building at Princeton Community Village (PCV) will have a mix of one-, two-, and three-bedroom apartments for very low-, low-, and moderate-income households. It will include a large covered porch and a new neighborhood pavilion for socializing, and new walkways to provide easy access to the existing Ted Vial Clubhouse.
The building is designed to meet or exceed Enterprise Green energy efficiency standards and includes all-electric heating/cooling and capacity for future installation of rooftop solar panels.
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The development also includes neighborhood enhancements. PCH will be making improvements to the Clubhouse, and adding electric vehicle charging stations, bicycle racks, a package pickup center, underground stormwater management, as well as an abundance of native landscaping including trees, shrubs, and rain garden plants.
On Friday, PCH Trustees, supporters, and members of the community gathered at the Mountain Lakes House in Princeton to mark the occasion. Speakers included PCH’s Executive Director Ed Truscelli and Development and Communications Manager Cassie Jaeger.
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Truscelli and Jaeger thanked PCH’s donors for a total of $1.8 million raised during the quiet phase of the campaign. An anonymous donor will be matching gifts dollar for dollar, up to $115,000 to help PCH achieve its $2 million goal.
The Municipality of Princeton has provided $2.1 million of funding to help realize the new homes and satisfy Princeton’s affordable housing obligation, Truscelli said.
To learn more about the campaign, visit www.PCHHomes.org.
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