Popular on EntSun
- Female Motorsports Sponsorship & Expansion; Acquisition Agreement of UAE-Based Sports Incubator by Online Lottery & Sports Game Provider: Lottery.com - 242
- WOA Entertainment Group Unveils Independent No.1's: Breakthrough Artists II —A Celebration of Indie Excellence - 221
- Experience Trembling Firsthand with the New AgeMan® Tremor Simulator - 220
- Edtech Startup Young Commanders Launches 'Visionaries Without Sight' Collection Celebrating Blind and Visually Impaired Historical Figures - 215
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement - 205
- BillBoards Inc. Hits the Road with God Bless America Tour and Reality Series Now Streaming on Tubi TV - 156
- Token-Operated Sake Service Opens at Tobu Nikko Station - 134
- Honoring Black History, Culture, and Community in Fall River - 131
- databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research - 122
- Byrd Davis Alden & Henrichson Launches Independence Day Safe Ride Initiative with 500 Free Uber Credits - 117
Similar on EntSun
- Miami Real Estate Agent Drastically Increases Interest In Homes
- Heritage at South Brunswick Offers Immediate Townhome Appointments and Special Mortgage Incentive Fast-Moving Sales
- Paul E. Saperstein Co. Announces Geographic Expansion of Auction Services
- Florida Broker Bent Danholm Featured in the Daily Mail's U.S. Real Estate Coverage
- Jason Koch: Pioneering the Future of Real Estate Development in New Jersey
- Real Estate Experts Highlight Jersey Shore as a Smart Buy in 2025
- The AML Shop Launches New Financial Investigations Unit, Appoints Director to Lead the Initiative
- AI Innovation Dual-Strategy Business Model Focused on Real Estate Development for Strategic Expansion: OFA Group, (N A S D A Q: OFAL)
- $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
- Robert Michael & Co. Real Estate Team Celebrates Industry Recognition and Showcases Premier Central Florida Listings
Galloway Redevelopment Project Earns Federal Low-income Housing Tax Credits
EntSun News/10693351
GALLOWAY, N.J. - Sept. 20, 2017 - EntSun -- The affordable housing component of a mixed-use development planned for the White Horse Pike Corridor in the Pomona section of Galloway has been awarded Federal Low Income Housing Tax Credits (LIHTC) by the New Jersey Housing & Mortgage Finance Agency (NJHMFA).
Conceived in collaboration between Community Investment Strategies, Inc. (CIS), a leading N.J.-based developer of affordable housing and township officials, the project consists of two condominium components within the same building – a residential component and a commercial component. The 4-story elevator building will consist of approximately 100,000 square feet of residential space for seniors 55+ and 10,000 square feet of commercial space on the ground floor.
"This project is a huge win for Galloway," said Mayor Don Purdy. "We're proud to be delivering on the priorities we've heard from the community. The property will provide hundreds of seniors with affordable homes, add much needed commercial space, and will serve as a catalyst for future, responsible mixed-use redevelopment."
The site sits within the White Horse Pike Corridor Phase II, Pomona Road, Redevelopment Area, is Smart Growth designated, and is well located in terms of access to local services and amenities, such as restaurants, transportation, shopping, recreation, healthcare and employment. It is within walking distance to the designated location for a new NJ Transit rail station serving Galloway Township and the nearby Atlantic City International Airport.
More on EntSun News
"The Whitehorse Pike and Pomona Road corridor is a retail and commercial node for the area and is being targeted for economic development to encourage growth in industries such as high-tech and transportation technology sectors," Mayor Purdy explained.
"A mixed-use project makes sense for this site," said Christiana Foglio, CIS president and chief executive officer. "The area is historically commercial, so it provides more than just affordable homes; it creates jobs and services that neighborhoods need to thrive."
The project will be designed to integrate harmoniously with the scale and context of the surrounding buildings and typologies, while maintaining a residential character. The senior residential portion will be named Heritage Village at Galloway and will be constructed under the signature CIS senior brand the company has become known for.
Consisting of 100 apartment homes, Heritage Village at Galloway will feature a maintenance-free active-adult lifestyle that boasts contemporary design, modern layouts, along with services and activities that cater to 55+ residents. Each apartment will be equipped with Energy Star® rated appliances, full size kitchens and baths, ample closets, luxury vinyl tile, dishwashers, central heating and air conditioning, ample closets, and intercoms.
The building will feature hotel style amenities including a well-appointed community room, fitness studio, wellness suite, library, computer center, lounges, laundry facilities, and outdoor patio space. Residents will benefit from 24-hour emergency maintenance, on-site management, key fob entry, security cameras, and on-site parking. Residents will also have access to aging-in-place services offered by Care Strategies, an affiliate of CIS.
More on EntSun News
"The support from Mayor Purdy, town council, and the planning board has been tremendous," said Barbara K. Schoor, CIS vice president and project manager. "They put a lot of time and effort into the redevelopment process including designated the site as an Area in Need of Redevelopment, which can be a lengthy process, but vital to LIHTC developments."
"The Township of Galloway is a great example of a municipality finding creative ways to leverage federal, state, local and private resources to spur economic development," Ms. Schoor concluded.
###
About Community Investment Strategies, Inc.
CIS is a fully integrated residential development, management, and construction company, specializing in high quality affordable-, multi-family- and senior-housing since 1994. A fully engaged community builder, our long-term commitment to sound investment strategies, contextual aesthetics, sustainability, and innovative engineering are legendary in the industry.
Conceived in collaboration between Community Investment Strategies, Inc. (CIS), a leading N.J.-based developer of affordable housing and township officials, the project consists of two condominium components within the same building – a residential component and a commercial component. The 4-story elevator building will consist of approximately 100,000 square feet of residential space for seniors 55+ and 10,000 square feet of commercial space on the ground floor.
"This project is a huge win for Galloway," said Mayor Don Purdy. "We're proud to be delivering on the priorities we've heard from the community. The property will provide hundreds of seniors with affordable homes, add much needed commercial space, and will serve as a catalyst for future, responsible mixed-use redevelopment."
The site sits within the White Horse Pike Corridor Phase II, Pomona Road, Redevelopment Area, is Smart Growth designated, and is well located in terms of access to local services and amenities, such as restaurants, transportation, shopping, recreation, healthcare and employment. It is within walking distance to the designated location for a new NJ Transit rail station serving Galloway Township and the nearby Atlantic City International Airport.
More on EntSun News
- Stuck Doing Math or Figuring Out Life's Numbers? Calculator.now Makes It Stupidly Simple
- Colbert Packaging Announces WBENC Recognition
- DivX Empowers Media Enthusiasts with Free Expert Guides for Advanced MP4 Management
- Bay Street Yard to host "Love Island" finale watch party July 13
- Assent Expands Executive Team to Accelerate Global Growth & Innovation
"The Whitehorse Pike and Pomona Road corridor is a retail and commercial node for the area and is being targeted for economic development to encourage growth in industries such as high-tech and transportation technology sectors," Mayor Purdy explained.
"A mixed-use project makes sense for this site," said Christiana Foglio, CIS president and chief executive officer. "The area is historically commercial, so it provides more than just affordable homes; it creates jobs and services that neighborhoods need to thrive."
The project will be designed to integrate harmoniously with the scale and context of the surrounding buildings and typologies, while maintaining a residential character. The senior residential portion will be named Heritage Village at Galloway and will be constructed under the signature CIS senior brand the company has become known for.
Consisting of 100 apartment homes, Heritage Village at Galloway will feature a maintenance-free active-adult lifestyle that boasts contemporary design, modern layouts, along with services and activities that cater to 55+ residents. Each apartment will be equipped with Energy Star® rated appliances, full size kitchens and baths, ample closets, luxury vinyl tile, dishwashers, central heating and air conditioning, ample closets, and intercoms.
The building will feature hotel style amenities including a well-appointed community room, fitness studio, wellness suite, library, computer center, lounges, laundry facilities, and outdoor patio space. Residents will benefit from 24-hour emergency maintenance, on-site management, key fob entry, security cameras, and on-site parking. Residents will also have access to aging-in-place services offered by Care Strategies, an affiliate of CIS.
More on EntSun News
- The World's Largest Green Economic Revolution Emerges as Nature, Tech, and Finance Converge
- Meet a Scientologist Captures Greece's Timeless Beauty with Videographer Lambros Malamas
- Vinnetwork Unveils Decentralized AI Platform with Vinnetwork(VIN) Token to Challenge Tech Giants' Data Monopoly
- Centennial Flyers to Become Colorado's First Launch Customer for All-Electric B23 Energic Aircraft
- Pyro Marketing Opens New Digital Marketing Company in Saint Petersburg to Power Growth for Fitness and Ecommerce Brands
"The support from Mayor Purdy, town council, and the planning board has been tremendous," said Barbara K. Schoor, CIS vice president and project manager. "They put a lot of time and effort into the redevelopment process including designated the site as an Area in Need of Redevelopment, which can be a lengthy process, but vital to LIHTC developments."
"The Township of Galloway is a great example of a municipality finding creative ways to leverage federal, state, local and private resources to spur economic development," Ms. Schoor concluded.
###
About Community Investment Strategies, Inc.
CIS is a fully integrated residential development, management, and construction company, specializing in high quality affordable-, multi-family- and senior-housing since 1994. A fully engaged community builder, our long-term commitment to sound investment strategies, contextual aesthetics, sustainability, and innovative engineering are legendary in the industry.
Source: Community Investment Strategies, Inc.
0 Comments
Latest on EntSun News
- BIYA Forecasts 2025 Surge with ¥300M ($41.8 M USD) in Revenue and ¥25M Profit from Cloud Based HR Solutions: Baiya Intl. Group (N A S D A Q: BIYA)
- Paul E. Saperstein Co. Announces Geographic Expansion of Auction Services
- Florida Broker Bent Danholm Featured in the Daily Mail's U.S. Real Estate Coverage
- Robin Launches Legal Intelligence Platform to solve intelligence gap in Fortune 500 legal teams
- Melissa B. Releases Digitally Independent: Empowering Music Artists with AI and Brand Strategy
- Mental: Elderly Abuse a Documentary
- Consumer Accountability Alliance Issues Formal Notice Alleging Proximate Liability for Medical Harm
- Rising to New Heights in the Mile High City with Destination: Scientology, Denver
- The City's Largest and Most Elegant Dinner Party Returns on September 13, 2025
- Utah Metal Fabricator Titan Forge Builds Momentum with Custom Steel Projects and Spiral Staircases
- Jason Koch: Pioneering the Future of Real Estate Development in New Jersey
- Voting Opens Tonight for the 2025 Spin Awards Honoring Excellence in Christian Gospel Radio
- Introducing LK Blue: The Cool-Girl Denim Brand That's Redefining LA Style Launches E-Commerce
- Bach and Beyond: Cellists Return to the Beach for 2nd Annual Bethany Beach Cellofest
- NR7 Miner launches zero-cost USDT cloud mining service: daily stable income + referral rewards for double profit
- "The Grateful Dead — 60 Years in San Francisco" - Pantheon Media Launches New Podcast Series and Interactive "Hit Replay" App
- Deaths Spur Closures, but Troubled Teen Camps Must Be Banned, CCHR Warns
- Palmer Lake Wine Festival To Build Bridges in Small Mountain Community, Highlight Local Businesses
- SacraPod Suites Unveils AI-Powered 'Work + Rest' Smart Hospitality Model for Retrofitting Underused Motels Across the U.S
- From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker