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New senior housing in Cherry Hill

The new 74-unit Benedict’s Place senior housing development is sponsored by the Diocesan Housing Services Corporation of the Diocese of Camden, Inc.

Funding for the $16.6M project was provided by the U.S. Department of Housing & Urban Development (HUD $11.6M) the New Jersey Housing Mortgage and Finance Agency Low Income Housing Tax Credit Program (NJ-HMFA $4.1M), Camden County HOME ($500K), Cherry Hill Township Affordable Housing Trust Funds ($350K)

“There is a need for quality, affordable housing in many parts of New Jersey,” said Most Reverend Joseph A. Galante, Bishop of Camden. “The Diocese of Camden is committed to ensuring that people in South Jersey have access to decent, affordable housing that not only provides adequate shelter but allows them to live in a way worthy of their God-given dignity.”

The Diocesan Housing Services Corporation currently offers 637-units of affordable housing to low income family and senior households at Victorian Towers (Cape May), Village Apartments (Cherry Hill), Davenport Village (Hainesport), Shepherd’s Farm (W. Deptford), Stonegate at St. Stephen (Pennsauken), Haven House at St. John of God (N. Cape May) and the Village at St. Peter’s (Pleasantville).

“Benedict’s Place is a continuation of our strategy to provide more affordable housing in areas of need,” explained Peter O’Connor, President of the Diocesan Housing Services Corporation Board of Trustees.

“We are committed to providing an ‘on budget’ property that is not only affordable for seniors, but through management and design has features that result in resident and community pride,” said Curtis H. Johnson, Jr., executive director of the Diocesan Housing Services Corporation.

Eligible senior residents must be at least 62 years and meet income and other federal and state requirements. For more information, call 856-342-4150.