62-74 Sackett St., Jersey City
At the Sackett Street Condominiums, we are utilizing the City's zoning regulations to construct 40 affordable housing units aimed at first-time homebuyers with incomes ranging from 70% to 120% of the area median income. Restrepo and Associates successfully secured $15 million in subsidies, along with $2.7 million in acquisition and predevelopment financing, to support a private developer in this initiative.