New Standard Develops Three LIHTC Properties in New Jersey

by Jeff Shaw

MILLVILLE, EGG HARBOR TOWNSHIP and HAMMONTON, N.J. — New Standard Senior Living has completed development of three Medicaid-focused assisted living communities in South Jersey.

All three communities feature individual (single-occupant-only) studio apartment-style residences. The Millville community offers 154 units while the second, Egg Harbor Township location offers 166 units. The last of the initial three communities, located in Hammonton, is nearing its completion with 174 units this spring.

The communities are the first of their kind in the state of New Jersey, according to New Standard, and are designated to provide a solution for affordable assisted living for New Jersey seniors.

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