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EDA pledges $35 million tax credit award for 141-unit senior housing project in Totowa – Real Estate NJ

Summary by Re-nj.com
The Statehouse in Trenton By Joshua Burd A plan that would create 141 units of affordable senior housing in Totowa is advancing with the help of a $35.3 million tax credit award from the New Jersey Economic Development Authority. According to a news release, the project involves the adaptive reuse of the former Little Sisters of the Poor facility at 140 Shepherd Lane. That would result in a mix of studio, one-bedroom and two-bedroom floorplans f…
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re-nj.com broke the news on Thursday, June 11, 2026.
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