Affordable Housing Expansion Brings 189 New Units to Asbury Park
Affordable housing plans in Asbury Park have taken a significant step forward. Bakari G. Lee and Karl Kemm recently represented the Asbury Park Housing Authority in negotiations that expanded a planned development from 136 to 189 affordable housing units, substantially increasing the project’s impact for the community.
Following a 2023 settlement with Fair Share Housing Center that identified a shortage of affordable housing in Asbury Park, the Housing Authority recognized the need to do more. Our team guided a series of complex negotiations among the Authority, City officials, planners, and architects to reimagine the project and develop a more dynamic and responsive housing concept.
The amended agreement now secures 189 affordable units to be delivered in two phases across the existing Lincoln Village site and the vacant “Home Plate” site. The plan also creates opportunities for potential homeownership, further strengthening long-term community stability.
We look forward to leading the legal work on the upcoming financings and seeing these much‑needed new homes move from concept to reality for Asbury Park residents.