ApprovedOther
HMFA Financial Agreement — 43-Unit 100% Affordable Community, South 12th Street
Description
A 30-year tax abatement was approved for a five-story, 43-unit fully affordable apartment building, including five units for people with special needs at or below 20% AMI.
Impact summary
Adds 43 deeply affordable apartments, including special-needs set-asides, to the West Ward/South 12th Street area.
Applicant
- Name
- New Eden Faith Partners LLC
- Address
- 690-700 and 682-688 South 12th Street, Newark, NJ (Block 2618, Lots 45 and 53)
At a glance
- Hearings
- 1
- Public comments
- 0
- Total mentions
- 1
Last vote · City Council
Approved8–0, unanimous
Last discussed Jun 17, 2026.
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