Archive
GSECDC's blog is bringing you our latest information and updates on community and housing development, affordable first time home buyer opportunities, social services and supportive housing. Find out how we are Building Strong Communities.
Jersey City will honor a handful of developers, organizations and individuals next week at its fourth annual Green Awards ceremony in City Hall.
“The Green Awards is our way of thanking and recognizing the City’s green pioneers,” Mayor Jerramiah Healy says. “These awards are part of a community of trail blazers who are lending our environmentally responsible development approach now taking hold in our city and the state.”
Read MoreThe project involved the acquisition, rehabilitation and resale of 9 foreclosed two-family homes on scattered sites throughout Jersey City.
Read MoreEarlier this month, the GSECDC broke ground on a new project featuring five two-family homes that will eventually have owner-occupants and tenants. The homes, located at 34-40 Van Nostrand Avenue and 15-17 Oak Street, are being sold to eligible moderate-income buyers to facilitate increased home ownership among Jersey City residents who typically wouldn’t be able to purchase their own properties.
Read More“The training and increased technological capacity we have gained has allowed us to successfully compete in this market and become the state’s first Neighborhood Stabilization Program (NSP) grantee to acquire, rehab and resell an NSP home,” says GSECDC real estate director John Restrepo.
Read MoreThe Garden State Episcopal Community Development Corporation (GSECDC) will hold a ribbon-cutting ceremony for what it is heralding as “the first new construction on Monticello Avenue in decades,” a seven-unit affordable condo development with ground-floor retail space.
Read MoreThe Garden State Episcopal Community Development Corporation (GSECDC) on Tuesday purchased a bank-owned foreclosed home on Jewett Avenue for $250,000. The nonprofit will rehab the home and then sell it to a middle-income first-time home buyer, as part of the federal Neighborhood Stabilization Program, which offers grant money to stabilize neighborhoods that have been ravished by foreclosures and subsequent abandonment.
Read MoreDescription: Supportive Housing - acquisition of single-family home and rehab for rental
Completion: 2009
Total Number of Units: 6
Number of Rental Units: 6
Development Cost: $717,000
Number of Sites: 1
People Served: 6
Houses of Hope
Description: Supportive Housing - rental new construction on 1 vacant lot
Completion: 2009
Total Number of Units: 6 rental
Development Cost: $1,400,000
Number of Sites: 1
People Served: 15
Specifically, the money will go to GSECDC’s Neighborhood Stabilization Program, which calls for the development of 93 units of affordable mixed-income housing, housing education and foreclosure prevention over a three year period. Most of the housing units include the acquisition, rehab/new construction and resale/rental of foreclosed or abandoned properties, in an effort to curb the negative effects foreclosures and vacant units can have on a community.
Read MoreGSECDC's fourth supportive housing community.
Read MoreGarden State Episcopal CDC (formerly Jersey City Episcopal CDC) has been serving New Jersey communities since 1986. We are proven leader in community and housing development, social services and supportive housing. Our focus is Building Strong Communities.
Garden State Episcopal CDC | 514 Newark Ave, Jersey City, NJ 07306
