EDA approves $53 million Aspire award to rehab Atlantic City affordable housing complex – Real Estate NJ
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EDA approves $53 million Aspire award to rehab Atlantic City affordable housing complex – Real Estate NJ
By Joshua Burd WinnCompanies has set its sights on Atlantic City, where the affordable housing firm plans to modernize 177 rental units with the help of the state’s Aspire tax credit program. The New Jersey Economic Development Authority announced Wednesday that it approved the $53.3 million incentive award to Garden Court AC LLC, an affiliate of the developer, in connection with the project at 1425 McKinley Ave. That paves the way for Winn to r…
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