Millstone House is the development of a four unit, affordable rental property in Millstone Township. The development will be on a land donated to the Affordable Housing Alliance by Millstone Township and will contain one 1BR, two 2BR and one 3 BR apartments. The Alliance has received funding from the National Housing Trust Fund thru the NJ Department of Community Affairs, construction and permanent financing thru TD Bank and a $100,000 capital grant from the TD Bank Foundation.
The capital funding and rental assistance provided under the NHTF will allow the Alliance to rent all four units to a household under 30% of AMI with our focus on households with special needs. The Alliance will be partnering with 180 Turning Lives Around to provide services for the residents as may be needed.
A formal groundbreaking will be held May 16th @ 11:30 AM at 17 Burnt Tavern Road, Millstone with construction set to begin May 2018.