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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 ...
An analysis by the Fair Share Housing Center found that New Jersey has doubled the rate of affordable housing production since the state shifted the process from COAH to court settlements.
The numbers, released late Friday afternoon, call for 84,698 affordable units statewide to be designated in the next decade. NJ releases new affordable housing quotas. See your Central Jersey town ...
The Vulnerable Veterans Housing Reform Act of 2013 would amend the United States Housing Act of 1937 to exclude as family income for Department of Housing and Urban Development (HUD) housing assistance purposes any Department of Veterans Affairs (VA) payments made to veterans in need of regular aid and attendance for expenses related to such ...
The 80/20 program uses the Low-Income Housing Tax Credit (LIHTC) along with bond sales to finance housing projects. [3] This program encourages the creation diversified income projects while also allowing granting developers funds at lower interest rates. [4] It is a national priority to provide low- and moderate-income families affordable ...
The DH works with municipalities, non-profit organizations, private developers, and the New Jersey Housing Mortgage Financing Agency to promote community development by facilitating homeownership and housing. The DH oversees Section 8 housing assistance programs, which are funded by the United States Department of Housing and Urban Development ...
Gov. Phil Murphy is expected to sign the bill, which streamlines how towns fulfill a mandate to provide a "fair share" of affordable units. Senate passes bill to overhaul how NJ towns will meet ...
Non-profit housing developers build affordable housing for individuals under-served by the private market. The non-profit housing sector is composed of community development corporations (CDC) and national and regional non-profit housing organizations whose mission is to provide for the needy, the elderly, working households, and others that the private housing market does not adequately serve.