New Jersey

The Greens I

2021-05-12T16:02:01-04:00

The Greens consists of two phases (I & II) that together offer over 500 units of affordable housing subsidized by HUD's Section-8 program. The two properties, which were at one point distinct, were given a robust rehab upon acquisition that helped to unify them into a cohesive aesthetic and to ensure that both phases were

Silver Vistas

2021-10-28T11:19:22-04:00

Silver Vistas is a 171 unit age-restricted (62 and older) property located in Neptune, NJ. Upon closing the transaction Silver Street was able to convert the 59% affordable property to a 96% affordable property. The original subsidy was a combination of Section 236 units and Project Based Voucher units. Under the RAD program Silver Street

The Greens II

2021-05-12T16:02:05-04:00

The Greens consists of two phases (I & II) that together offer over 500 units of affordable housing subsidized by HUD's Section-8 program. The two properties, which were at one point distinct, were given a robust rehab upon acquisition that helped to unify them into a cohesive aesthetic and to ensure that both phases were

Penns Grove Apartments

2021-05-21T09:20:21-04:00

Penns Grove Apartments, located within the Philadelphia area of Penns Grove, New Jersey, is a 144 unit family property. Originally developed under the 236 program in the 1970s, Silver Street Development Corporation successfully preserved this property for a 40-year term using Tax Exempt financing from New Jersey Housing Mortgage Finance Agency. Acquired in 2002, the

Cedarbrook Apartments

2021-05-21T09:20:56-04:00

Located in Plainfield, New Jersey, Cedarbrook Apartments is an elderly project of 100% project-based Section 8 units converted from HUD 236 upon acquisition. The mid-rise building, which underwent a full rehab upon acquisition, and which is managed by Housing Management Resources, offers residents an array of amenities, including kitchens equipped with energy efficient appliances, a community

Browns Woods Apartments

2021-05-21T09:21:17-04:00

Located in Browns Mills, New Jersey, Browns Woods Apartments is a beautifully wooded, open-campus site. This mixed income family site, which is 80% affordable, is underwent a substantial modernization, ensuring that residents will enjoy affordable, comfortable accommodations in the heart of New Jersey. The preservation of this valuable housing asset was accomplished through Tax Exempt

Oakview Apartments

2021-05-21T09:23:42-04:00

Oakview Apartments is a fully subsidized Section-8 property of 210 units located in Millville, NJ. Prior to acquisition, Oakview was beset with safety issues. By installing security cameras and reorienting foot traffic within the property, as well as through close collaboration with local law enforcement, Silver Street was able to turn the property around completely. Currently, Oakview