Housing Development Pipeline 2014

Below is a list of projects still under development or about to start. GSECDC's Division of Housing and Community Development is hard at work making these projects a reality. With a pipeline of $13,068,000, GSECDC will create 64 units on 31 sites serving 210 people. All of these projects are expected to be complete by the end of 2015. Garden State Episcopal CDC is building strong communities. 

Project	Description	Completion Date	Unit Count	Development Cost	Number of Sites	People Served
Neighborhood Recovery Program Phase 2	Home ownership, acquisition, rehab and resale of foreclosed two family homes	Jun. 2015	10	$1,355,000.00	5	35
Bergen Hill Scatttered Site Strategy	Home ownership, acquisition, rehab of single and vacant two family homes	Jun. 2015	4	$1,081,000.00	4	18
Weber Friar Homes	Home ownership, new construction on vacant lots	Dec. 2015	18	$3,575,000.00	9	63
Neighborhood Recovery Program Phase 3	Home ownership, acquisition, rehab and resale of foreclosed two family homes	Sep. 2015	10	$1,765,000.00	7	35
Hobart Project	Special Needs rentals, new construction	May. 2015	11	$3,032,000.00	1	20
Ocean Avenue	Low and Moderate income rentals, new cosntruction	Dec. 2015	5	$1,305,000.00	2	18
NRP Rental	Rental, acquisition, rehab of foreclosed two family homes	Dec. 2015	6	$955,000.00	3	21
Subtotal Predevelopment			64	$13,068,000.00	31	210