The Planning Board last week granted preliminary site plan approval for a 58-unit affordable housing complex geared toward artists. Final site plan approval would include a full landscaping and lighting plan.
An application for a 58-unit affordable housing complex geared toward people who work in the arts and entertainment field is scheduled to come before the Planning Board on Tuesday.
A proposed 58-unit affordable housing project focused on those working in arts and entertainment will include some three-bedroom units to satisfy requirements for low-income housing state tax credits.
The concept for the Rahway Residences for the Arts appears to be getting smaller while the Redevelopment Agency continues to work toward acquiring the Elizabethtown Gas Building for the project.
The Redevelopment Agency authorized a contract for special counsel to assist in the acquisition and closing of the former Elizabethtown Gas building for planned affordable housing project a the site.
Closing on the acquisition of the Elizabethtown Gas building on Central Avenue could come this month, with an application to the Planning Board possible later this year that would bring affordable housing for artists to the site.
The City Council will vote Monday on a $750,000 bond ordinance that would serve as a bridge loan for the acquisition of the former Elizabethtown Gas Building on Central Avenue (map).