Newark Mayor Ras Baraka said Wednesday that the city committed $5,243,276 in Federal HOME money to fund affordable housing units within developments throughout the Brick City’s five wards.

The funds will subsidize 13 developments and comprise 302 affordable housing units, 89 of which are HOME backed.

The developments range from new, two- and three-family homes to renovations for vacant apartment buildings, the construction of new apartment buildings, and the conversion of a manufacturing plant into a seven-story loft residential building.

Nine of the 13 have minority and women developers.

“Where we spend our housing dollars in Newark is determined by our commitment to equitable growth—creating more homeownership, more places to live that residents can afford and nurturing more minority and women contractors to build community wealth,” said Baraka. “In this way, we are providing well-paying jobs for residents as we ensure the rebirth of blighted neighborhoods. An important goal of my administration is for residents of all our neighborhoods to benefit from the accelerating development taking place downtown.”

HOME funds project breakdown

601 15th Ave. & 510 S. 17th St. – West Ward

Developer: Hillside-based Hamlett Management LLC
Project: Development of two multifamily residential homes for affordable homeownership
HOME funded units: 5
Total affordable units: 5

536 & 538 S.  20th St. – West Ward

Developer: DDA Pioneer Investment Group
Project: Development of three multifamily residential homes for affordable homeownership and rentals
HOME funded units: 7
Total affordable units: 7

320-322 Hawthorne Ave. – South Ward

Developer: Rubix International
Project: Development of a three-unit multifamily home
HOME funded units: 3
Total affordable units: 3

435-437 S. 18th St. & 441 S. 18th St. – South Ward

Developer: New Age Investment Properties
Project: Development of three multifamily residential homes to create nine rental units
HOME funded units: 9
Total affordable units: 9

41-47 Astor St. – East Ward

Developer: Ascension Capital Partners LLC
Project: Development of a five-story multifamily structure with 20 units
HOME funded units: 8
Total affordable units: 9

449 Washington St. – Central Ward

Developer: ATS Development Group LLC
Project: Development of a five-story multifamily structure with 20 units
HOME funded units: 10
Total affordable units: 10

446-450 Irvine Turner Blvd. – South Ward

Developer: 446 ITB LLC
Project: Renovation of an existing four-story apartment building with 29 units
HOME funded units: 10
Total affordable units: 10

719-725 S. 11th St. & 716-718 S. 12th St. – South Ward

Developer: Washington Bay Group LLC
Project: Development of five two-family homes
HOME funded units: 5
Total affordable units: 5

84-92 Parkhurst St. – East Ward

Developer: Gateway Lofts Urban Renewal LLC
Project: Conversion of an existing manufacturing plant into a seven-story structure with 59 lofts
HOME funded units: 9
Total affordable units: 9

109-119 Broad St. & 130 N. 11th St. – Central Ward

Developer: Lantana Urban Renewal LP
Project: Renovation of a four-story building with 12 units and the adaptive reuse of a five-story vacant industrial building as 60 loft-style apartments
HOME funded units: 8
Total affordable units: 71

457 Broadway – North Ward

Developer: Project Live Inc.
Project: Rehabilitation of property to provide 24-hour care and monitoring to 17 special needs individuals diagnosed with mental illness
HOME funded units: 4
Total affordable units: 9

250 Georgia King Village Outparcel, corner of West Market Street and Littleton Avenue – West Ward

Developer: West Market Owners LLC
Project: New construction of approximately 70 rental units
HOME funded units: 9
Total affordable units: 78

2-8, 18-22, 24, 26, 28 & 30 Stratford Place – South Ward

Developer: Oak Towers Urban Renewal Entity LLC
Project: Renovation of an existing vacant 75 apartment complex consisting of two mid-rise buildings
HOME funded units: 2
Total affordable units: 75