Jersey City officials cut the ribbon on the Fairview Heights mixed-income housing complex in Ward B on Friday, which designated 52 of their 92 units as affordable housing.
By John Heinis/Hudson County View
Located at 43 Fairview Avenue, the new mixed-income development rises nine stories in the city’s vibrant McGinley Square neighborhood, steps away from public transit, neighborhood shops, and houses of worship.
“By prioritizing low- and mixed-income development, we are adding affordable housing opportunities at historic rates throughout Jersey City and Fairview Heights is another important achievement on this front, with more than half of the 90 units reserved for income-restricted families,” Mayor Steven Fulop said in a statement.
“We are proud to partner with The Community Builders on this project, bringing the former YMCA complex back to life in an important way and welcoming families to a safe place they can now call home.”
The apartment community features a rooftop deck that provides residents with outdoor access and sweeping views of Manhattan. The new Fairview Heights development is TCB’s latest affordable housing investment in Jersey City.
In 2022, the nonprofit developer transformed a historic YMCA into 111 renovated homes for formerly homeless residents in the city.
“Today’s ribbon cutting underscores a redoubling of TCB’s decades-long commitment to Jersey City,” added TCB New York/New Jersey Regional Vice President of Real Estate Development Jesse Batus.
“As a mixed-income community, Fairview Heights is a model of equitable development, delivering modern amenities to both market-rate renters and families of more modest means. This accomplishment would not have been possible without the support of Mayor Fulop, NJHMFA, and our many partners, stakeholders, and neighbors. My sincere thanks to all of those who brought this vision to reality.”
Developed with sustainability in mind, Fairview Heights achieved ENERGY STAR and Enterprise Green Communities (EGC) certifications. Each thoughtfully designed home features a modern bathroom, kitchen, and suite of energy efficient appliances.
Residents will enjoy common amenities that include a first-floor laundry room with an adjoining children’s playroom, a community lounge with kitchenette and screening area, and a fitness room.
“Fairview Heights will offer 92 new mixed-income apartments in the heart of Jersey City, 50 of which are affordable rent-restricted units that will ensure that families of all socioeconomic levels have access to high-quality housing in Jersey City,” noted New Jersey Housing & Mortgage Finance Agency Executive Director Melanie R. Walter.
“This project’s success is representative of New Jersey’s region-leading housing development efforts – it meets critical community needs, so when its progress was jeopardized by pandemic-related delays and supply chain disruption cost increases, HMFA intervened, providing Affordable Housing Gap Subsidy Program funds to ensure its completion.”
Fairview Heights Apartments was made possible through funding provided by the City of Jersey City, Hudson County, TD Bank, Boston Financial, Community Preservation Corporation, Federal Home Loan Mortgage Company, New Jersey Housing and Mortgage Finance Agency, New Jersey Community Capital and New Hope Community Capital.
“It’s a privilege to invest in Fairview Heights and Jersey City. NJCC’s investment creates a community, bringing equitable economic and housing opportunities,” stated New Jersey Community Capital President and CEO Bernel Hall.
“Affordable homeownership and rental opportunities are avenues for wealth generation and economic stability. The Fairview Heights Apartments project exemplifies partnership that brings healthy housing and community revitalization.”
Inglese Architecture + Engineering is the project architect, while Sisca Northeast Associates is the general contractor.
I’m sad I was going through difficulties when I was called for an apartment pray I get called again for 2 bedrooms