Metro served as financial & development consultants and project managers on the only tax credit project statewide serving low income families and people living independently with HIV/AIDS.


The JBJ Soul Homes is a 51 unit housing project that targets a portion of the community rarely addressed - those with HIV/AIDS. 

The project is a partnership between rocker Jon Bon Jovi’s philanthropic organization, the Philadelphia Soul Charitable Foundation, The City of Newark, the State of New Jersey, Broadway House and HELP USA, a national not-for-profit housing provider founded by Andrew Cuomo to help formerly homeless adults and low-income families become and remain self-reliant. 

Metro secured all of the financing for this $16 million project, which included NJHMFA Special Needs Trust Funds, taxable bonds and low income housing tax credits; NJDCA Balanced Housing Funds; City of Newark HOME Funds; Federal Home Loan Bank Affordable Housing Program Funds; a grant from the Philadelphia Soul Foundation; and construction and equity financing from the Bank of New York Mellon through Hudson Housing Capital.


JBJ Soul Homes is the first residential facility in New Jersey to provide permanent housing that is fully integrated with the services of a post-acute-care AIDS facility, setting aside 25 percent of the units for residents living with HIV/AIDS.  This project gives this population, as well as low income families currently residing in substandard housing, and for homeless families presently in transitional housing facilities throughout the city, a chance to live on their own in a modern apartment and in a community like no other.

JBJ Soul Homes also incorporates a number of environmentally responsible and sustainable elements, including a green roof that makes the four-story building eligible for LEED certification.

Rendering by Kramer + Marks Architects