Project 21: The Lincoln Project 21, a nonprofit focused on improving the quality of life in New Jersey, announced Tuesday that it has raised $11.5 million to expand and enhance its network of affordable housing for low-income people.
The $7 million fund is part of Project 21’s commitment to build two housing units in New Brunswick and one in Newark.
The project will also expand and expand a project in Newark that provides affordable housing to residents of the Newark Housing Authority and provides rental income to low-wage workers in the Newark region.
The Newark Housing Association, a partnership of local housing providers and government agencies, has partnered with Project 21 to build the housing units.
The Newark Housing Development Corporation, the public housing agency that provides subsidized housing to Newark residents, has been helping with the project.
Project 21 is an urban renewal program, a federal-state partnership that provides funds to local governments to improve their neighborhoods.
The city of Newark and the New Jersey Department of Housing and Urban Development have partnered to create more than 100,000 affordable units, including over 400,000 units in the New Brunswick community.
The development projects will provide more than 40,000 low- and moderate-income residents with access to quality, affordable housing.
The project is one of the largest in the country.
In New Brunswick, Project 21 has built more than 1,300 units, more than a quarter of the city’s total.
“The Lincoln Project will improve the lives of thousands of Newarkers who live in the city,” Mayor Ras Baraka said in a statement.
“As a city that prides itself on having a diverse and inclusive workforce, I am proud to see that Project 21 will help to strengthen Newark’s diversity, particularly in the low- to moderate- income workforce.
Project 21 has been an important part of the success of this city and a critical part of what makes New Brunswick a vibrant, inclusive and progressive city.”
“Project 21 is the catalyst for the development of Newark’s housing needs and our commitment to providing the highest quality affordable housing,” Newark Mayor Ras J. Baraka added.
Newark’s Housing Authority, which provides subsidized and low-cost housing to low income residents, and the Newark Community Development Corp. partnered with the Lincoln Foundation to build Project 21.
Construction on the Newark housing project started in October 2015.
About Project 21Project 21’s announcement follows a monthlong campaign that saw more than 50 people sign up to participate in the Lincoln Project.
The program will build affordable housing in Newark and Newark’s surrounding areas.
As part of its commitment to support a diverse workforce, Project 2021 will be hiring a director of diversity and inclusion.
If you want to learn more about Project 21 or other projects in the community, visit:Project 21 also plans to build apartments and housing for children in Newark, the New York City borough of Queens, and parts of Brooklyn, according to the project’s website.
This post has been updated with a statement from Project 21 and additional information.