New Development Breaks Ground

Artist rendition of Belmont Senior Apartments

On November 2, 2009, the Paterson Housing Authority broke ground for the construction of an elderly housing complex. Belmont Senior Apartments is being developed in the heart of Paterson, New Jersey.

The four-story complex will house 85 subsidized elderly rental units consisting of eighty-one one-bedroom and four two-bedroom units. Construction is expected to take approximately 14 months to complete.

The $24 million development is being financed by several federal sources including HUD, the New Jersey Housing and Mortgage Finance Agency (NJHMFA) and the New Jersey Department of Community Affairs (NJDCA). HUD's allocation will be from the Replacement Housing Factor (RHF) Fund Grant program.

The development will clean-up and stabilize a formerly vacant, abandoned and environmentally-contaminated site.

(lf to rg) Hon. Congressman Bill Pascrell, Jr., 8th Congressional District; Irma Gorham, Executive Director, Paterson Housing Authority; Israel Roizman, President, Roizman Development, Inc.; Anthony Davis, Councilman, 1st Ward; Charles A. Richman, Acting Commissioner, NJDCA; Marge Della Vecchia, Executive Director, NJHMFA; Hon. Mayor Jose "Joey" Torres, City of Paterson and Wilfredo Vazquez, Director, Modernization and Development, Paterson Housing Authority

(lf to rg) Hon. Mayor Jose "Joey" Torres, City of Paterson and Diane J. Johnson, Field Office Director, Newark HUD Office, enjoy a light moment at the ceremony