Carver Hall Apartments - Atlantic City, NJ

Carver Hall- Exterior 2.jpg

Omni acquired the property in December 2015 with financing provided by the New Jersey Housing and Mortgage Finance Agency through low income housing tax credits and tax exempt bonds and the New Jersey Economic Development Authority through State Economic Redevelopment and Growth Tax Credits. The Project Based Section 8 (HAP) contract was extended at closing for 20 years.

A $17.4 million rehabilitation of the property was completed in 2016.