Residences at Harper: A Solution to Affordable Family Housing in Moorestown

Affordable family housing community Moorestown ribbon-cutting ceremony.

A New Era of Affordable Housing in Moorestown

In a significant move towards addressing the affordable housing crisis, Pennrose, a dedicated developer known for creating mixed-income communities, has officially opened the Residences at Harper in Moorestown. This new 76-unit affordable family housing complex stands as a beacon of hope, providing genuine solutions to local families struggling to make ends meet.

Community Impact and Commitment

Located at the intersection of East Gate and Harper Drive, the four-story building caters to a wide range of family needs. With apartments ranging from one to three bedrooms and features designed for individuals with disabilities, including two units tailored for those with hearing and vision impairments, this development embodies inclusivity. Over 70 families will benefit from having access to these affordable units, filling a gap that has long been felt in the Moorestown area.

The community amenities, such as a fitness center, playground, and community room, aim not just to provide shelter, but to foster a sense of belonging among residents. Jacob Fisher, regional vice president at Pennrose, emphasized, “While the affordable housing crisis can feel insurmountable, today's milestone reminds us that real change happens one community at a time.” This perspective aligns with local governmental support, as Mayor Quinton Law acknowledged the development's role in allowing working families to thrive in their own neighborhoods.

Funding and Future Prospects

Residences at Harper represents a larger effort in New Jersey to offer affordable housing. According to the National Low-Income Housing Coalition, the state currently faces a deficit of over 200,000 affordable homes. This project, utilizing various funding sources including state and local proceeds, reflects a cooperative effort towards a sustainable solution. Through the support of programs like the Low-Income Housing Tax Credits and the New Jersey Housing & Mortgage Finance Agency’s Affordable Housing Production Fund, this development showcases how community needs can lead to effective policy action.

Tackling the Housing Crisis Together

The opening of the Residences at Harper is a testament to what can be accomplished when communities rally together to address pressing issues such as affordable housing. As cities and towns grapple with similar challenges, Moorestown's initiative not only provides immediate benefits to its residents but also serves as a model for other regions striving for change. It's a heartwarming reminder that when we work collaboratively, real progress is possible.

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Residences at Harper: A Solution to Affordable Family Housing in Moorestown

A New Era of Affordable Housing in Moorestown

Community Impact and Commitment

Funding and Future Prospects

Tackling the Housing Crisis Together

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