Housing Ventures
NCC's "Homes" family housing complex was finally built as a series of five-story mid-rise buildings surrounding a center courtyard. It was occupied in 1975. In later years, NCC utilized high-rise design for senior citizen housing (as did many other low-income senior housing managers; senior citizens are generally seen to accommodate better to high-density elevator buildings than families with children). However, NCC switched to 2 and 3 story townhouse design for most newly constructed family housing projects thereafter.
After the "Homes" family complex opened, NCC continued on an ambitious low-income housing development effort, including new construction, rehabilitation of older buildings that were abandoned or converted from other use, and acquisition of occupied housing complexes from other owners. Most of New Community's housing efforts were centered in Newark, but by 1995, the organization was also managing low-income complexes in Jersey City, Englewood, and a market-rate housing development in suburban Eatontown, NJ. The latter complex, called Stony Hill Apartments, was obtained from the portfolio of a failed savings & loan institution. NCC originally intended to dedicate some of Stony Hill's apartments to low-income apartment seekers, but decided to sell the complex to private interests at a profit. A senior low-income housing complex in urban Orange, New Jersey was opened by NCC in 2003.
Most of NCC's housing consists of subsidized rental units for low and very-low income families. However, in 1998, NCC opened its first homeownership project for working families, the 206-unit Community Hills complex built on the site of the former Hayes Homes high-rise public housing towers. Under the terms of a HUD HOPE 1 grant, the Newark Housing Authority donated land for this development, and HUD subsidized development and construction costs. Since then NCC has developed 24 additional homeownership units, and is planning further homeownership projects in neighborhoods where most housing is currently rented. This serves to promote an enhanced sense of stability and resident involvement in these areas.
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