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New housing going up in 1 Camden neighborhood

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CAMDEN, N.J. (AP) — A developer is putting up homes intended to be owner-occupied in Camden, a city that ranks among the most impoverished in the U.S.

Newark-based M&M Development has built townhomes in the Lanning Square neighborhood near Cooper University Hospital and the Cooper Medical School of Rowan University.

They are selling for $160,000 to $220,000.

Partner Maria Lopez tells the Courier-Post (http://on.cpsj.com/1tu20iV) that just a few years ago city, city officials did not think they could get that much.

The company has also built a condominium building in the city.

Another developer turned a former RCA building in the city into luxury apartments but its long-planned condominiums in a nearby building have never been built.

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Information from: Courier-Post (Cherry Hill, N.J.), http://www.courierpostonline.com/

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