First Single-Family Detached Homes to be Built in Orange, NJ in Many Years

In a Stabalized City, New Single-Family Detached Homes Slated.

(PRWEB) January 20, 2005 -- The Orange Zoning Board Adjustment has given its approval for Community Development Corporation, HANDS, Inc.- www.handsinc.org - to construct five new single-family, detached homes on vacant lots throughout the City.

The five sites were formerly deteriorated properties that have been abandoned for years. In their place will rise affordable new single-family homes ranging from 1350 sq. ft. to 1700 sq. ft. All the new homes have three bedrooms and two baths. According to Thurmon Cohen, HANDS’ Director of Operations, “These new homes are the result of a dynamic partnership between the City of Orange and HANDS. All five lots became City owned, following foreclosure for nonpayment of property taxes. The Cit, which is committed to smart growth, stabalization and revitalization, then demolished the dilapidated structures and conveyed the sites to HANDS. These are the first single-family detached homes to be built in Orange in many, many years. ”

All five homes will be sold to first-time homebuyers, graduates of the HANDS First-time HomeBuyers Club. According to Marty Mayes, Director of Planning and Development, “This is an important project to everybody involved. The City has been working together with HANDS for several years on this very important infill strategy and we’re glad to see it finally come into fruition. I also want to say that the City will continue to work hard in every effort to see this project completed”.

The new homes will be built at 376 Hawthorne Street, 41 North Center Street, 133 North Day Street, 29 Oakwood Avenue, and 504 South Jefferson Street.

The new homes will be affordable to moderate income homebuyers and will sell for $95,000 to $115,000. Financing for the homes is being provided by Local Initiative Support Corporation and NJ Department of Community Affairs. According to Thurmon Cohen, “If all goes well these five new homeowners will be in their new homes by Christmas.”

Contact: Jacqueline Herships 973-763-7555
e-mail protected from spam bots

# # #

Source: http://www.prweb.com/releases/2005/1/prweb199242.htm