The Lakewood Planning Board on Tuesday night is set to review a pioneering housing project tailored to the needs of Lakewood Yungerleit. This groundbreaking development, initiated by Kollel Cheshek Shlomo, proposes the creation of 52 full-size residences and a daycare center capable of accommodating up to 400 children.
Located at 506 New Egypt Road, the project is a response to the escalating housing prices in recent years, in with the kollel aiming to offer affordable housing solutions to the Yungerleit at about half the going market rate – the rents (about $1,800) would only cover the mortgage costs of the project and will not be profitable.
This marks an unprecedented initiative in Lakewood, being the first of its kind to offer subsidized housing specifically for yungerleit.
Rav Avrohom Yeshaya Appel, Rosh Kollel of Cheshek Shlomo, has an even greater vision – creating a full, comprehensive campus for his yungerleit. This setup would allow the Yungerleit to dedicate themselves to full-day learning without financial strain, coupled with the convenience of a nearby daycare center for their children, thereby reducing the need for long commutes, and simultaneously easing Lakewood’s traffic woes.
The project is seen as a crucial step in tackling the dual challenges of housing affordability and traffic congestion faced by the yungerleit in Lakewood. It also aligns with the broader objective of providing accessible living options that support the lifestyles of Bnei-Torah and their families.
The upcoming review by the Planning Board is a critical juncture for this ambitious housing project. Its approval could pave the way for significant improvements in the living conditions and learning opportunities for the yungerleit community.