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Irvington council backs 48-unit low-income housing project on Springfield Avenue
Summary
The Irvington Municipal Council unanimously adopted a resolution May 12 supporting Springfield Gateway Partners’ application to state agencies to finance a 48-unit multifamily project, with all 48 units reserved for low-income housing and the township certifying need to NJHMFA and EDA.
The Irvington Municipal Council on May 12 adopted a resolution backing a 48-unit multifamily housing project proposed by Springfield Gateway Partners Urban Renewal LLC at Block 162, commonly known as 413–421 21st Street and 749–763 Springfield Avenue.
The resolution, adopted by the council and forwarded for submission to the New Jersey Housing and Mortgage Finance Agency and the New Jersey Economic Development Authority, states the sponsor proposes to reserve all 48 units for low-income housing and may seek either 4% or 9% federal low-income housing tax credits and other financing consistent with NJHMFA requirements.
The council’s action notes the project will be subject to HMFA rules and the mortgage and loan documents required by the agency. The resolution says the governing body has determined there is a need for the project in the township and authorizes a certified copy to be sent to NJHMFA and the EDA.
No public hearing testimony on the project is recorded in the meeting minutes. The action was recorded in the council’s minutes as adopted; the minutes do not list a vote tally, only the adoption entry.
