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N.J. s University Hospital makes foray into affordable housing
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Academic medical center University Hospital in Newark, N.J., is partnering with the state government and housing developers to build affordable housing for residents and patients.
The new program, called the Hospital Partnership Subsidy Program, joins a growing trend of health systems making dips into providing lower-income residents with affordable housing.
The program will match financial contributions from hospitals from both developers and the state, and in this case, will end up providing 78 rental apartments to lower-income people. Some of the units will be classified as supportive housing and will include access to medical services. To date, St. Joseph s Health and RWJBarnabas Health are also joining the partnership.
Murphy admin, University Hospital collaborate to create affordable housing May 19, 2021
11:41 am
The Murphy administration on May 19 announced a collaboration with University Hospital in Newark and L+M Development Partners, Type A Projects and MSquared under the New Jersey Housing and Mortgage Finance Agency’s (NJHMFA) Hospital Partnership Subsidy Program to provide vital affordable and supportive housing – including homes for frequent users of emergency services – in their host communities.
This project will provide 78 affordable rental apartments that will serve low- and moderate-income households to promote economic diversity in the Fairmount neighborhood of Newark.
Sixteen supportive housing units will be reserved for homeless individuals and families, and these will be supported by project-based rental vouchers provided through the New Jersey Department of Community Affairs’ Housing Choice Voucher Program. All supportive units will be paired with access to medica
For New Jersey’s only public hospital to succeed, it needs sufficient funding | Opinion
Today 11:48 AM
To be able to meet the commitments made in the Newark Agreements, the state must maintain a supporting line item allocation to allow for the financial stability of the institution, says Debbie White, RN, president of Health Professionals and Allied Employees.
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By Debbie White
After years of calling on the state of New Jersey to invest in University Hospital, we applaud the administration for their announcement on April 14, alongside University Hospital CEO Dr. Shereef Elnahal, Essex County and Newark political leaders, to dedicate resources in the state budget to invest in a new building for the state’s only public hospital.
Rutgers, New Jersey, you broke your promise | Opinion nj.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nj.com Daily Mail and Mail on Sunday newspapers.