NEWARK REPLACEMENT HOUSING

Newark, New Jersey
Project Details:
  • Townhouse & garden style apartments

Beginning in 1997, Claremont Companies were named designated developer by the Newark Housing Authority’s federally mandated replacement housing requirements. Claremont successfully responded to six different RFQ’s and completed over 500 rental units over a ten-year period. As designated developer, Claremont provided the construction financing through our relationship lenders and government agencies with a forward sale take-out to the Newark Housing Authority upon completion between 1997 and 2009.

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