RED BANK: AFFORDABLE & OPEN HOUSING

Cedar CrossingThe Cedar Crossing affordable housing development is the scene of an Open House on Saturday, hosted by the Red Bank Affordable Housing Corporation.

Press release from Red Bank Affordable Housing Corporation

cedar crossing planThe new Cedar Crossing affordable housing development will be ready for its close-up on the afternoon of Saturday, September 27, when Red Bank Affordable Housing Corporation hosts an Open House session between the hours of 12 to 4 pm.

Representatives from the organization presided over by Rev. Terrence K. Porter of Pilgrim Baptist Church will be on hand to show prospective homeowners around a model unit. Cedar Crossing is located just off Cedar Street, one block from the intersection of South Bridge Avenue and Drs. James Parker Boulevard.

According to the RBAHC, new two-bedroom units are priced from $89,775 to $147,586, with pricing based upon the requirements of the New Jersey Council on Affordable Housing (COAH). There is no down payment or application fee requirement; closing cost assistance is available, in addition to full financing through NJHMFA. For additional information, contact jranderson.rbahcorp@verizon.net.