Affordable Housing in Tenafly
Tenafly has adopted a Housing Element and Fair Share Plan to address its affordable housing obligation pursuant to state law. The Plan was approved July 2, 2003. This "fair share plan" includes several components.
In order to satisfy a portion of the "new construction" component and the "unmet need" component, there are currently two housing development projects underway that will produce a total of 26 affordable housing units.
JMP Tenafly LLC, located on the former Penetone site on Piermont Road, will construct 148 housing units including 17 affordable units. This project was granted Final Approval on November 10, 2004. Applications are available now for the 17 affordable units including 6 one-bedroom units, 9 two-bedroom units and 3 three-bedroom units. The application deadline is August 14, 2009. Click here for more information and a copy of the application.
Grove Street at Tenafly LLC, located on the former Ippolito site on Grove Street along the railroad tracks, will construct 44 housing units including 9 affordable units. This project was granted Final Approval on October 28, 2004.
Known as "The Crossings at Tenafly," the deadline for the submission of applications was May 16, 2008.
The Housing Authority of Bergen County has conducted the lottery for the 9 affordable housing units that will be available at The Crossings at Tenafly on Grove Street. There are 128 eligible applicants, who have applied for the following units:
1 bedroom - 1 unit - 44 applicants
2 bedroom - 6 units - 41 applicants
3 bedroom - 2 units - 43 applicants
There are currently 4 two-bedroom units available for occupancy according to the following income categories:
2 units - low income
2 units - moderate income
The 41 applicants who have applied for the two-bedroom units and who are eligible for the low income or moderate income units will be contacted by the Housing Authority of Bergen County after December 1st.
The remaining applicants who applied for the 1 one-bedroom unit or the 2 three-bedroom units will not be contacted until those units become available. Please contact the Housing Authority of Bergen County at 201-569-7454 regarding the eligibility lists.
In order to satisfy a portion of the "rental unit" obligation, four(4) rental units will be constructed in connection with a development planned on Tenafly Road.
Markay Commons, located at 319 Tenafly Road, will construct 21 housing units including 4 rental housing units. No construction activity has commenced at this site. No applications are available for this project.
The Borough's housing rehabilitation program provides no-interest loans up to $15,000 to eligible owners of single family owner-occupied homes and owner-occupied multi-family homes to correct code violations and make eligible repairs. Click here for a Preliminary Application Form.
The sale or rental of all of the affordable units will be regulated in accordance with the New Jersey Housing Act and rules and regulations promulgated by the New Jersey Council on Affordable Housing (COAH). When these units are ready to be marketed, the Borough's administrative agent, which is the Housing Authority of Bergen County, will be responsible for ensuring the affirmative marketing of the affordable units in accordance with these rules and regulations.
As part of the affirmative marketing program, initial marketing efforts for the new affordable units will include applicant outreach, local advertising, and distribution of posters and brochures announcing the application procedures and eligibility criteria.
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