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Nearly a decade after New Jersey's Supreme Court rebooted a long-ignored affordable-housing mandate for local towns, the Murphy administration earlier this month issued its recommended obligations ...
The Mount Laurel doctrine is a significant judicial doctrine of the New Jersey State Constitution.The doctrine requires that municipalities use their zoning powers in an affirmative manner to provide a realistic opportunity for the production of housing affordable to low- and moderate-income households.
The Council on Affordable Housing (COAH) was, until its abolition in 2024, [1] an agency of the Government of New Jersey within the New Jersey Department of Community Affairs that was responsible for ensuring that all 566 New Jersey municipalities provided their fair share of low and moderate income housing
NJ affordable housing need of up to 250,000 units Proponents have stressed that A4/S50 is not the panacea for solving the affordable housing crisis and addressing infrastructure needs, school ...
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
Construction continues at Patriots Square, which offers market rate townhomes and two affordable housing apartment buildings deemed for homeless, located on the former Fort Monmouth property in ...
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