Wednesday, March 9, 2016

Clarion Hotel Conversion Complete

The former Clarion Hotel at 6821 Black Horse Pike in Egg Harbor Township, NJ has completed a conversion this month to an 84-unit affordable housing community.

The six-story building totals 229,644 square feet on 13.5 acres in the Outer Central Atlantic County MF submarket of Philadelphia. It now encompasses 16 one-bedroom, 43 two-bedroom and 25 three-bedroom apartments, and has achieved LEED certification.

WNC, a national REIT, provided $14.5 million in low-income housing tax credits (LIHTC) to fund the conversion.

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