Princeton Community Housing (PCH), which has helped served the community’s affordable housing needs for 55 years, announced that it has raised more than $2 million in private support for the construction of 25 new affordable rental homes in Princeton.
The new homes, with an anticipated completion date of spring 2023, as well as enhancements to the Holly House neighborhood of Princeton Community Village, also developed and managed by PCH, are the result of the organization’s successful Home Means Hope campaign.
PCH supporters gathered at Morven Museum & Garden in Princeton to celebrate the fundraising effort. It was also announced that a new $75,000 matching donation is being offered to help cover the additional project costs caused by inflation and supply chain issues.
Three organizations — Arm In Arm, Jewish Family and Children’s Services of Greater Mercer County, and the Princeton YMCA — were recognized for their support of PCH and the residents of its communities. The groups were presented with PCH’s CARE Award, for Compassion, Assistance, Respect and Equity.
“We are thrilled to celebrate the new homes, the enhancements, and the opportunities that will be provided for many additional neighbors thanks to the generosity of all who have supported this campaign,” said Edward Truscelli, executive director of PCH. He added, “While PCH has 466 affordable rental homes and counting, our reach extends beyond homes to provide access to an array of social services to support our residents. This is the PCH difference.”
“It means a great deal to me to know that I can afford this housing”, states PCH resident David Anderson. “Affordable apartments are stable apartments, and stability makes all the difference for growing children.”
Princeton Community Housing, 1 Monument Drive, Lower Level, Princeton 08540. 609-924-3822. Edward Truscelli, executive director. pchhomes.org.
