The Murphy Administration and St. Joseph’s Health unveiled the first project under an innovative state partnership program to promote hospital investment in affordable and supportive housing in their communities, including homes for residents with special needs and experiencing high utilization of emergency services. Under the New Jersey Housing and Mortgage Finance Agency’s (NJHMFA) $12 million Hospital Partnership Subsidy Program, the agency is matching funding contributions from participating hospitals to provide rental housing affordable for low- and moderate-income families. The developments also must include units set aside for special needs residents and/or individuals experiencing frequent utilization of hospital emergency department (ED) services.
The proposed Barclay Street housing development, the first project announced under the partnership program, involves the construction of a multi-story building, in an Opportunity Zone. The development will house one- to three-bedroom apartments affordable to families, potentially including hospital employees.
Residents accepted for special needs housing will be offered medical care through St. Joseph’s Health with the anticipation that housing and care management will reduce unnecessary ED use. The Barclay Street housing project will also include space for the delivery of social, health, and wellness services, including workshops to inform and guide tenants centered around issues affecting health, and an information hub to link tenants to a broad range of services and provider organizations.
St. Joseph’s Health is a world-class hospital and health care network supported by leading and renowned physicians, nurses, and care teams. The organization operates a full continuum of care, including a regional tertiary care medical center, a state-designated children’s hospital, an acute care hospital, rehabilitation and long-term facilities, and comprehensive home care.
The New Jersey Housing and Mortgage Finance Agency is dedicated to increasing the availability of and accessibility to safe, decent, and affordable housing for families in New Jersey. The organization works with traditional affordable housing developments, serving New Jersey’s most needy families, and first-time homebuyers, senior citizens, and/or the disabled in special needs communities.
This was reported by the New Jersey Housing and Mortgage Financing Agency on July 10, 2019.
Contact information: St. Joseph’s University Medical Center, 703 Main Street, Paterson, New Jersey 07503; 973-754-2000; Website: www.stjosephshealth.org/
Contact information: New Jersey Housing and Mortgage Finance Agency, 637 South Clinton Avenue, Post Office Box 18550, Trenton, New Jersey 08650; 800-654-6873 Website: www.njhousing.gov