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GO BeLa!!!!!!!!!!

More Great News for this area... :)

Located in one of Jersey City?s older neighborhoods, the vacant All Saints School, at 305 Whiton St., will reopen its doors next summer as a condominium complex. The $5.6 million development is expected to start construction next month.
While the exterior will remain the same, the interior will be redeveloped to create 25 units in what officials say is the first adaptive reuse of a vacant property in the Lafayette neighborhood in more than a decade.
The condominium complex is expected to contain four affordable housing units below $100,000 each, and 21 ?emerging markets? units that will go between $160,000 and $199,000. Units will be either one or two bedrooms.
?There was a demand not only for housing but to clean up a building that has been abandoned for over a decade,? said New Jersey Community Capital spokesman Daniel Kravetz.
A collaboration between New Jersey Community Capital, Community Asset Preservation Corporation, and Alliance Construction Group, LLC, the All Saints Condominium Project was awarded a $1 million CHOICE Award by the New Jersey Housing and Mortgage Finance Agency.
?The All Saints redevelopment has so many assets,? said NJCC president Wayne Meyer, ?from its preservation of a beautiful historic building to its proximity to public transit. And the CHOICE funds ensure that the homes will serve a wide range of homebuyers for a long time.?
The project?s developers, local and state officials such as state Department of Community Affairs Acting Commissioner Richard E. Constable III, state Sen. Sandra B. Cunningham and Jersey City Mayor Jerramiah T. Healy, and community members gathered at the former school yesterday to formally announce the award.
?Community revitalization requires creative solutions,? said Constable. ?This effort is an excellent example of finding a way to move a community forward in tough economic times.?