Victory: 35% of new units at Jersey City's Bayfront will be affordable
Updated: Jun 14
“Today’s announcement represents a huge step forward...” It's been three years since Jersey City Together launched their campaign to make Bayfront more affordable.
With the proposed purchasers made public, 35% of the units in the initial parcels affordable (400 out of the 1,100 units on the first four parcels). The vast majority of these units will be at 60% of AMI or below. Great work by all involved to get here -- including Uche Akpa, who served on the Bayfront Advisory Board, and all the leaders & staff who worked for decades to create the opportunity in the first place.