Developer PIRHL LLC joined public officials to celebrate the grand opening of an affordable rental community in Montgomery Township this week.
PIRHL, which has offices in Hamilton as well as Chicago, developed the $22 million project, called the Apartments at Montgomery Crossing. The community includes 86 units for working families, seniors and others earning incomes at or below 60% of the Area Median Income.
Montgomery Township Mayor Devra Keenan and New Jersey Housing and Mortgage Finance Agency Executive Director Melanie R. Walter took part in the grand opening event, along with the Somerset County commissioners and PIRHL officials.
“We are grateful to NJHMFA, Montgomery Township, Somerset County as well as our other financial and development partners for their support of this development,” Lara Schwager, PIRHL senior vice president of development, said in a prepared statement. “With resources for affordable housing being so limited, we are excited to deliver this beautiful community that will not only address the need for affordable housing in the township, but also represent what is possible through public-private partnerships. We are grateful of the township’s commitment and partnership in this development.”
The property will include two-story and stacked flat apartments, as well as amenities including a community room, fitness rooms, on-site management and social services, and more.
The Gershen Group is the property manager.