Construction Begins and Lottery Opens for New Affordable Housing Project in Hainesport

Burlington County is welcoming a major step forward in affordable housing with the launch of Cornerstone at Hainesport, a newly announced community that will bring 73 income-restricted apartments to the region. Construction is officially underway, and the affordable housing lottery is now open for applications through Thursday, October 16. A drawing will be held on Wednesday, October 29, with the first residents expected to move in as soon as January 2026.

The project is located along Creek Road, just minutes from Mount Laurel, giving residents access to nearby employment centers and major highways. Hainesport itself, known locally for favorites like Lillo’s Tomato Pies, offers small-town character with easy access to larger hubs like Philadelphia and Trenton, making it an attractive location for families seeking stability and convenience.

This development is one of several in Walters’ Cornerstone series, following on the heels of a recently completed 188-unit affordable housing community in Lacey Township. Walters, a Barnegat-based developer, has become a consistent leader in delivering housing that combines affordability with quality, ensuring more New Jersey families have access to secure, long-term homes.

What Cornerstone at Hainesport Offers

When fully complete, the community will consist of six buildings featuring a mix of one-, two-, and three-bedroom apartments. Designed by Haddonfield-based Donovan Architects, the residences will include open floor plans, modern finishes, and in-unit washers and dryers. Each apartment will also feature an individual entrance and available parking, giving the community the feel of a traditional neighborhood rather than a high-density complex.

Sustainability is at the heart of the project. The development is being built to meet LEED® requirements and earn ENERGY STAR® certification, ensuring energy efficiency and reduced environmental impact. For residents, this means lower utility costs and the peace of mind that comes with living in a healthier, environmentally friendly home.

The amenities are designed to meet the needs of families and individuals alike. Plans include a fitness center, children’s playground, computer workstations, basketball court, and a community clubhouse that will serve as a central gathering spot. A social service coordinator will also be on-site, offering resources and support for residents.

Who Qualifies for the Housing Lottery

Cornerstone at Hainesport is income-restricted, with rental rates available to households earning 60% or less of the area median income. This ensures that the apartments remain accessible to those who need them most, from young families just starting out to seniors looking for stable, affordable housing.

Applicants are encouraged to apply for the lottery before the October 16 deadline. The lottery system ensures fairness in the selection process, giving all qualified applicants an equal opportunity to secure a home. With demand for affordable housing at historic highs across the state, the opening of the lottery is expected to generate significant interest.

A Broader Push for Affordable Housing in New Jersey

Hainesport’s new community represents part of a larger movement across New Jersey to expand access to affordable housing options. Rising real estate costs, coupled with increasing demand, have left many residents searching for stable, attainable homes. Developments like Cornerstone at Hainesport are critical in meeting that need, offering thoughtfully designed communities that prioritize both affordability and livability.

Projects like these also highlight the long-term investment in Burlington County and surrounding areas. With access to strong school systems, transportation corridors, and a growing local economy, Hainesport is positioned as a place where families can put down roots. For those looking to learn more about housing trends in the state, additional information on New Jersey’s real estate landscape can be found here.

Building Community in Hainesport

For Walters, the vision behind Cornerstone goes beyond simply providing apartments. The goal is to create spaces where residents can thrive, supported by resources that help build stronger families and stronger communities. From the design elements to the recreational amenities, everything about Cornerstone at Hainesport reflects that mission.

With construction moving forward and applications now open, this project is set to be a major addition to Hainesport’s landscape. By January 2026, the first families will be unpacking boxes, starting new chapters, and calling Cornerstone at Hainesport home.

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