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LIIF Provides Line of Credit to Newark, New Jersey Developer Hamlett Management

LIIF has provided a $500,000 line of credit to help Hamlett Management grow as a multifamily developer. This development company, started in 2003 by Eugenia “Janey” Hamlett, works to strengthen the historically undercapitalized West Ward of Newark — the target of the City of Newark’s investment and focus of its affordability efforts through the West Ward Model Neighborhood Initiative Redevelopment Program.

Affordable Housing