Social Enterprises

iStock_000005370498XSmallChelsea Construction Management

Chelsea Construction is an New Community subsidiary that manages New Community construction projects. Chelsea has more than 20 years of construction management experience. Chelsea has served as the general manager during the construction phase of more than six NCC housing developments, including high rise apartment buildings for seniors, family townhouses and single family  homes. As the properties age, Chelsea is involved in the refinancing and renovation of these properties to give them new life as affordable housing.

Garden State Affordable Housing

Garden State Affordable Housing is a tax credit fund that provides equity investments for construction of affordable housing in New Jersey. Processed over $70 million in tax credits invested in New Community projects.