The sun was shining Tuesday at the groundbreaking ceremony of The Commons at Springdale located at 1721 Springdale Road, Cherry Hill, NJ. Pennrose Properties partnered with The Jewish Federation of Southern New Jersey on this project that will be completed in two phases and offer 160 affordable, high-quality housing units for seniors and adults with special needs on the autism spectrum upon completion. The first phase will include 80 rental units of which 20% are designed to support individuals with special needs and will offer residents supportive services as well as recreational, health and wellness, and arts and culture programs. All units will be provided for residents who are at or below 60% of the area median income (AMI).
“Pennrose is committed to improving communities and transforming lives with high-quality, affordable housing,” said Jacob Fisher, Regional Vice President at Pennrose. “The Commons at Springdale Road will help meet a significant community housing demand for seniors and adults with special needs and make health and social services readily available to residents who call the community home.”
Phase One is expected to open in Summer 2019.
Congratulations to Pennrose Properties and The Jewish Federation of Southern New Jersey on a momentous project. You can read more about the project and its groundbreaking on Real Estate NJ: https://re-nj.com/affordable-housing-development-breaks-ground-in-cherry-hill/