“I’m a lifelong Newark resident. It’s a pleasure that we’re getting this opportunity to rebuild our city.”
— Eric Guinyard, Shop Steward, Laborers Local 3

Halsey Street Teachers Village (B) - Newark, NJ

  Allocation: $7.7M | TDC: $20.5M | Union Construction Jobs: 97 | Permanent Jobs: 112 | Housing Units: 81 | Commercial SF: 10,000

Allocation: $7.7M | TDC: $20.5M | Union Construction Jobs: 97 | Permanent Jobs: 112 | Housing Units: 81 | Commercial SF: 10,000

Building America CDE provided $7.7 million in New Markets Tax Credits (NMTCs) for the Halsey Street Teachers Village Workforce Housing Project B, the last phase of larger development known as Teachers Village in downtown Newark, New Jersey. This phase has 81 residential units, are marketed to teachers and other working families in an effort to bring them back to downtown Newark. The development also has 10,000 square feet of retail space.

Website | Project Profile