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 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.
- Borough of Franklin Lakes Mayor Frank Bivona welcomed the audience
- Rabbi Chanoch Kaplan, Chabad Jewish Center of NWBC gave an invocation
The program included remarks from
- Al Restaino, Jr., President, Board of Trustees, Housing Development Corporation of Bergen County;
- Daniel Ortega, Chairman, Housing Authority of Bergen County;
- Charles A. Richman, Executive Director, New Jersey Mortgage and Finance Agency (NJHMFA);
- Bergen County Freeholder Chairwoman Germaine M. Ortiz and
- Joseph Alpert, President, The Alpert Group, LLC.
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