The first five student interns have been chosen to help scout appropriate locations for Pristine Sustainable Affordable Homes, Inc., aka Pristine Homes, a not-for-profit 501 (c) 3, corporation and the country’s first Public Private Academic Cooperation (PPAC).
Launched earlier this year by legendary New Jersey developer and philanthropist Philip Cali, Jr., CRE & Dr. Joseph R. Nicholson, MBA, PhD, the mission of Pristine Homes is to engage in efficiently constructed and designed sustainable, affordable multi-family housing for low to moderate income residents of municipalities throughout New Jersey. Moreover, a minimum of 10 percent of the units are being allocated to veterans and persons with special needs.
The interns will target municipalities throughout the state that have programs already in place for community growth, as well as the ability to allocate units to Pristine Homes for development. With their first assignment in a business development capacity, the students are focusing on townships with funding to build 500 or more units.