FORT LEE, N.J. -- The Bergen County Board of Chosen Freeholders Wednesday passed several resolutions allocating approximately $1.2 million in Community Development funds for various housing projects in Fort Lee and Montvale.
The funds will provide homes for veterans, seniors, and individuals with disabilities, according to a press release.
The sources of funding for these projects are grants from the United States Department of Housing and Urban Development, the press release says.
They are administered by the Bergen County Division of Community Development as a pass-through.
The funding is as follows:
- Resolution No. 45-16: provides $185,000 in Community Development Block Grant funds to build housing for veterans in Fort Lee.
- Resolution No. 46-16: In addition to 25 market apartments, will provide $300,000 to build supportive housing for individuals with special needs in Fort Lee through HUD’s Home Investment Partnership Fund, in partnership with Madeline Corporation and Bergen County’s United Way.
- Resolution No. 54-16: Allocates $700,000 in federal funding to build housing for seniors in Montvale, in partnership with United Way and Madeline, at the site of the Old Schoolhouse which was donated by the borough.
“Providing housing for our county’s most vulnerable residents is a significant part of what the use of Community Development funding is all about,” Freeholder Thomas J. Sullivan said.
“As a resident of Montvale, I am glad to see that the historic schoolhouse building is getting a new lease on life as it gives our seniors a place to live and still preserves the character of the house.
“A public-private partnership like this is a win-win for everyone.”
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