<div>TSR Positive Images: We all love a queen that gives back! Queen Latifah can officially add the title of developer to her resume, as she is now an investor in affordable housing in Newark, NJ.</div>
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<div>The $14 million project is expected to include 20 three-family town homes and a three-story mixed-use building with 16 additional units. The building will have additional 1,900 square feet of commercial space that will be rented to nonprofit organizations!</div>
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<div>According to <a href="https://www.nj.com/essex/2019/02/queen-latifah-is-coming-home-to-newark-and-building-14m-worth-of-new-housing.html">NJ.com</a>, Queen, who serves as co-president of BlueSugar Corporation, will be working with GonSosa Development on the project. A spokeswoman for the developers said both companies understand the need for affordable housing in Newark.</div>
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<div>&#8220;They understand how difficult it is to make ends meet for many residents and want to be part of the solution,&#8221; Cristina Pinzon said. They remain dedicated to making life better in communities like Newark.&#8221;</div>
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<div>Queen has always represented for Newark, and expressed how proud she was to be part of &#8220;Newark&#8217;s own&#8221;. She&#8217;s looking for an affordable rental price of $1,800 per unit per month for the town-homes, which are expected to open in December 2020. The affordable housing building opening in December 2021, will have units that are priced based on a person&#8217;s income.</div>
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<div>Queen Latifah is not alone, though. Shaq also announced his investment in Newark&#8217;s real estate market. He is reportedly working with developers on a 22-story apartment complex near the New Jersey Performing Arts Center, and a 33-story building next to Newark Penn Station. Both of Shaq&#8217;s projects will include affordable housing.</div>
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<div>Source: NJ.com</div>
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