DCA & HMFA Celebrate the Ribbon Cutting of the Cooper Building in Camden
For Immediate Release:
September 15, 2011
Contact:
Hollie Gilroy
,
Lisa Ryan
(609) 292-6055
Condominium Complex Is a First for Cooper Plaza Neighborhood
The completion of this project brings exciting progress to Camden and adds momentum to a neighborhood revitalization effort that began about three years ago. Most importantly, this project provides families with a home they can be proud of, said DCA Commissioner Lori Grifa, who is Chair of the HMFA. I am pleased that my Department through financing programs at the HMFA was able to provide major financial support for this project.
The Cooper Building provides a total of 25 condominium units for individuals and families. Twenty-one of the units will be sold at market rate. Four have been set aside for low and moderate-income homebuyers. The building, which is located at 7th and New streets in Camden, includes a parking garage, fitness center, community room, rooftop garden, and closed-circuit television for security.
M & M Development LLC, a Newark-based housing construction firm that specializes in affordable housing, developed the condominium complex. The 勛圖窪蹋 Economic Development Authority and Camden Redevelopment Authority also contributed resources to the project.
I am so pleased that the HMFA was able to be a part of The Cooper Building, which would not be a reality without the hard work, persistence and commitment of the development team, said HMFA Executive Director Anthony Marchetta. Without a doubt, this project presents a better living experience for the residents of the City of Camden.
For more information on HMFA programs and mortgages, please call 1-800-NJHOUSE or 609-278-7400, or log on to .