# NJEDA Awards Aspire Program Funding for Trenton Senior Housing

The New Jersey Economic Development Authority (NJEDA) has approved an Aspire Program award of up to **$54.3 million** on September 17, 2026, to support the development of THA Senior, a 107-unit affordable senior housing project in Trenton, New Jersey. This mixed-use development will include residential units, commercial space for community organizations, and programs focused on workforce development, senior services, and education. The project also benefits from a **$900,000 federal grant** through HUD's Choice Neighborhoods program and leverages Low-Income Housing Tax Credits. This coordinated investment by state and local partners aims to revitalize the North Ward area and enhance affordable housing options for seniors in the Capital Region.

- **Why this matters:** Procurement professionals should note the significant state-level funding opportunity through NJEDA's Aspire Program targeting affordable housing development, which may open avenues for contractors specializing in construction, community services, and senior care facilities.
- The involvement of HUD and Low-Income Housing Tax Credits indicates layered funding mechanisms that require compliance with federal and state affordable housing regulations.
- Companies providing construction, commercial space development, and social service program support can explore partnership or subcontracting opportunities linked to this project.
- Local government collaboration highlights the importance of aligning proposals with community development goals and workforce initiatives in Trenton and Mercer County.

**Jurisdictions:** sled
**Industries:** Construction & Infrastructure, Public Safety
**Topics:** Grants & Funding, Physical Infrastructure
**Published:** September 17, 2026

### Government Entities
- New Jersey Economic Development Authority (NJEDA)
- U.S. Department of Housing and Urban Development (HUD)
- Trenton Housing Authority
- New Jersey Housing and Mortgage Finance Agency (HMFA)
- City of Trenton

### Key Quotes
> This investment represents another major step in transforming the North Ward and delivering on the promise of our Choice Neighborhoods partnership.
> — W. Reed Gusciora, Mayor, City of Trenton

> Projects like THA Senior demonstrate what is possible when state and local partners work together to invest in Trenton and the Capital Region.
> — Dan Benson, County Executive, Mercer County

### Sources
- [NJEDA Approves Aspire Program Award to Support Affordable Senior Housing Development in Trenton - NJEDA](https://www.njeda.gov/njeda-approves-aspire-program-award-to-support-affordable-senior-housing-development-in-trenton/) - NJ