NW Financial is proud to have advised the Township of Neptune Housing Authority on the successful $35 million financing for 1130 Heck Avenue. Here's what this exciting project brings to our neighborhood:

Modern Community Living

New 70-unit community replacing the outdated 60-unit public housing site at 1130 Heck Avenue, bringing fresh life to the neighborhood!

Family-Friendly Spaces

Spacious 2-4 bedroom apartments, community gathering areas, and modern energy-efficient design for comfortable, sustainable living.

$35M Investment

Thoughtfully financed through 4% Low Income Housing Tax Credits, Urban Preservation Fund, mortgage programs of NJHMFA, TD Bank Construction Loan, and a strategic partnership with The Alpert Group.

Congratulations to the Township of Neptune Housing Authority and the entire team for steering this deal across the finish line. Another step forward for affordable housing in New Jersey!