McCoy Place Holds Ribbon Cutting Ceremony for Thirty-Nine New Supportive Housing Apartments

Public-Private Partnership Creates Award-Winning Homes in Franklin Lakes for Disabled Persons

On January 11, 2019, the Borough of Franklin Lakes held a ribbon cutting ceremony for McCoy Place, a new housing development located at the corner of McCoy and Colonial Roads. McCoy Place is an affordable, high-quality, supportive community for persons with disabilities. 

The development includes 39 one-bedroom apartments for independent living, an apartment for a live-in manager, office space for property management and social service staff, and a community room for resident activities. Residents will also have access to rent subsidies, on-site service coordination, and linkages to community services.
 
The Alpert Group, LLC and the Housing Development Corporation of Bergen County co-developed the McCoy Place project. Additional development team partners are Property Manager – The Alpert Group and The Housing Authority of Bergen County, Social Service Coordinator — West Bergen Mental Health, Housing Consultant – Monarch Housing Associates, Architect – Kitchen & Associates, and Civil Engineer – MidAtlantic Engineering Partners, LLC.

The Borough of Franklin Lakes donated the land and provided capital funding for McCoy Place. The project’s other funding sources include Federal Low Income Housing Tax Credit equity through the New Jersey Housing Mortgage and Finance Agency and Enterprise Community Investment, Bergen County HOME Program funds, and a TD Bank construction loan.

McCoy Place received the Supportive Housing Association of New Jersey’s Project of the Year award in 2018.

 The ribbon cutting’s program preceding the ribbon cutting included remarks from the following speakers:
 

The program included remarks from

Lynn Bartlett, Executive Director, Housing Development Corporation of Bergen County gave a presentation of appreciation

The Reverend John Job, Most Blessed Sacrament gave a benediction

 
 
Click here for a facebook album of the ribbon cutting photos.
 

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