“We were able to accomplish the entire closing with all teams working remotely, moving documents both electronically and by mail, which was a first for NJHMFA.” Richman and his entire team at the New Jersey Housing and Mortgage Finance Agency (NJHMFA) for moving this effort forward during such a challenging time for our industry and indeed our whole country,” said Jonathan Lubonski, Vice President at The Michaels Organization and the lead developer on both Phase 1 and Phase 2 of 2720 Fire Road. “We are very grateful to all our partners, especially to Executive Director Charles A. The Michaels Organization, a national leader in residential real estate, has begun site work on Phase 2 of 2720 Fire Road, an affordable housing community in Egg Harbor Township, New Jersey, after successfully achieving a financial closing last week.

Successful financial closing amid the COVID-19 pandemic showcases the commitment of New Jersey to providing high quality affordable housing even during the most challenging of times. Michaels Begins Phase Two Of Affordable Housing In Egg Harbor Township Nj

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