Apartamentos Walters’ newest premium income-restricted apartment community, Pedra angular em Chatham, has welcomed its first residents. The 63-unit housing community was completed in December and is now in the leasing and occupancy stage.
Located at 522 Southern Boulevard near the Garden State Parkway, Cornerstone at Chatham comprises three buildings offering a mix of two- and three-bedroom units. The new community was designed to meet LEED® and ENERGY STAR certifications.
“We’re seeing a strong demand for high-quality affordable living in vibrant towns like Chatham,” disse Joseph Del Duca, sócio e diretor de habitação acessível da Walters. “Housing options such as Cornerstone at Chatham enable people to live where they choose based on their needs.”
All apartments feature a full-size washer and dryer, fully equipped kitchens, window blinds in every room, and secure key fob access. Residents also enjoy an array of onsite amenities, including parking, a fitness center, a clubhouse community room, and a patio with seating and grills. The development’s central location offers convenient access to community resources such as Chatham Mall, Hickory Square Shopping Center, Nash Park, and Shunpike Field.
The new community was developed through a unique funding partnership between Walters and Chatham Township. As a result, Walters was awarded an exceptionally competitive 9% Low Income Housing Tax Credit (LIHTC). The town provided the land and funding support, including a planned shuttle bus service to the nearby NJ Transit rail station.
Cornerstone at Chatham apartments are available to residents whose incomes are at or below 60% of the area’s median income. Rental rates are based on the renter’s gross annual income, according to the rent/income requirements chart.
As a recognized sustainable construction and design leader, Walters builds LEED® certified developments that benefit the environment, its residents, and surrounding communities. Applications and inquiries for Pedra angular em Chatham can be made by calling 973-593-0393 or visiting wgapts. com.
Contato com a mídia: Caryl Communications – Maxine Aviles / Jamie Platt
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