TANTUM Real Estate, local stakeholders and elected officials recently attended the groundbreaking event for the Affordable Veterans Housing Community in the Greenville neighborhood of Jersey City. The new community will provide affordable, quality housing, as well as on-site support services for veterans and populations at risk.
Located at 526 Ocean Avenue, the property features 20 affordable apartments, including units for homeless veterans of the United States Armed Forces. The building also includes 1,500 square feet of retail space on the ground floor, which will be occupied by Collaborative Support Programs of New Jersey (CSPNJ). The CSPNJ is a non-profit, peer-led organization that provides services related to access to food, employment, mental health assistance and peer support groups. The property will be managed by the Community Enterprise Corporation (CEC), the housing affiliate of the CSPNJ.
In addition to the building, there is a new street-level mural along Ocean Avenue called Red Tales. The mural was created by artist Vincent Ballentine as a result of a conceptual collaboration between the Jersey City Mural Arts Program and TANTUM. The mural pays homage to the Tuskegee aviators and features two pilots and a WWII aircraft, a tribute to the heroic black pilots who served the United States in the war.
Funding for the project was arranged by TANTUM. Funding was acquired from several sources, including the Jersey City Affordable Housing Trust (AHTF), in addition to capital from the HOME Investment Partnerships Program (HOME), provided by both the Municipality and Hudson County.
âI am overwhelmed and humbled to finally open our doors to residents, including those who have courageously served our country. Today is the culmination of a multi-year effort for Tantum and a victory for our larger mission to foster a better quality of life in communities across the region, âsaid Debra Tantleff, Founding Director of Tantum. âThe redevelopment of this property through a public-private partnership provides a roadmap for how governments and developers can work together to execute a new class of boutique affordable housing initiatives that meet a need. societal important.
âAs a brother of two veterans and a longtime advocate for housing in the region, today’s grand opening marks a significant milestone for me, both personally and professionally,â said Carol Sainthilaire, CEO of CEC. âThe early success of this property sends a clear message: Ending homelessness in Hudson County is an achievable goal, and it starts with access to affordable housing.