PERTH AMBOY, NJ-With newly approved state development incentives in place, Ingerman will set in motion four affordable-housing projects in Middlesex, Ocean and Burlington counties, the company said.

Ingerman was awarded a total of $18.65 million in Community Development Block Grant funds and approximately $3.5 million in tax credits, which CEO Brad Ingerman called a “vote of confidence” for its affordable housing efforts. The company is also expanding is market-rate housing work.

Two of the four developments for which Ingerman got state incentives are located in Middlesex County. In Perth Amboy, in partnership with the Housing Authority, Ingerman will put up 70 affordable, “family-oriented” units that will be part of a larger mixed-use development. State development authorities awarded $5 million in CDBG funding and $960,000 in tax credits.

Ingerman had recently completed The Parkview affordable rental complex for seniors with the Housing Authority in Perth Amboy.

In the Middlesex County community of Woodbridge, the company is to develop Reinhard Manor, which will offer 62 one- and two-bedroom affordable rentals for seniors. That project was awarded $865,000 in tax credits and $4.65 million in CDBG money.

“Reinhard Manor represents a new redevelopment project that transforms a long-time vacant and unused school facility into a vibrant new residential community,” says Woodbridge Township Mayor John E. McCormac . “We have already put together a waiting list for residents.” Ingerman previously built the Maple Tree Manor apartments in Woodbridge.

In Ocean County, Ingerman will get $9 million in CDBG funds and $500,000 in tax credits to add 76 affordable senior apartment homes to Waretown Town Center in Ocean Township. The mixed-use plaza has an existing Shop-Rite, a Dunkin' Donuts, numerous restaurants and shops, and a bus stop.

Ingerman has been working with the Township for three years to develop plans for the community, which was also hurt badly by Superstorm Sandy in 2012. Ocean's mayor, Tina Wetter, said, “This new senior housing development comes at a critical time for our community.”

Many older residents lost homes in Sandy, she said, and need rental housing options within walking distance of amenities.

In Burlington City, Ingerman will build The Apartments at the Mill, a 65-unit complex on a 2.4-acre site that will anchor a larger redevelopment of an under-used industrial neighborhood. An existing mill structure will be turned into a community center, with 11 residential units above it and a full-time leasing office, community room and meeting space.

Five new residential buildings will be added to the site, surrounded by green space. The development will be within walking distance of shops and restaurants along Broad Street and will provide access to an NJ TRANSIT bus stop.

“The Apartments at the Mill will play a critical role in the revitalization of this site into a dynamic and walkable housing development for our community,” said Burlington's mayor, Dr. James Fazzone. “A range of incomes and family sizes will be accommodated by this new development, which will breathe new life into this stretch of Burlington City, to the benefit of all of our residents.”

Instant Insights /

Ingerman Moves on Affordable Housing

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