80-Unit Affordable Housing Development To Be Built In Warren

WARREN, NJ — A tax credit by the Murphy administration was recently awarded to build a roughly 80-unit affordable housing development in Warren.

The credit awarded to the developer PIRHL Developers, LLC (PIRHL) will help cover The Apartments At Warren 80-unit development that will serve working families, seniors and professionals earning incomes at or below 60 percent of the area median income.

The Apartments At Warren will consist of five three-story buildings and a clubhouse on an 8-acre site located on Lindberg Avenue off Stirling Road. There will be 13 one-bedroom units, 47 two-bedroom units and 23 three-bedroom units, according to Lara Schwager, vice president of development.

A preliminary site plan for the project has been approved and construction is slated to begin in late fall around October, Schwager said.

Construction is expected to take 15 months to complete.

This development will help Warren satisfy a portion of the township’s affordable housing obligation.

In September of 2019, the township’s affordable housing plan was given final court approval to provide 1,048 new homes, of which 362 units would be set aside for low- and moderate-income housing. The Apartments at Warren was included in that 362-unit count.

"The Apartments at Warren will offer quality living options that are affordable for working families in the township. I am proud of the efforts made by the township to ensure that we will see a quality investment made that aligns perfectly with our Housing Element and Fair Share Plan," Warren Mayor Mick Marion said.

Leasing for the new development will begin sometime after construction starts.

The tax credit administered under the New Jersey Housing and Mortgage Finance Agency's (NJHMFA) was awarded at the end of December. The state of New Jersey regularly encourages developers to build low-income and senior housing by giving developers tax breaks.

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