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  2. NJ releases new affordable housing quotas. See your Central ...

    www.aol.com/nj-releases-affordable-housing...

    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 ...

  3. NJ unveils new affordable housing obligations. How much does ...

    www.aol.com/nj-unveils-affordable-housing...

    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 ...

  4. Council on Affordable Housing - Wikipedia

    en.wikipedia.org/wiki/Council_on_Affordable_Housing

    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 The COAH was created by the New ...

  5. Mount Laurel doctrine - Wikipedia

    en.wikipedia.org/wiki/Mount_Laurel_doctrine

    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.

  6. Builder's remedy - Wikipedia

    en.wikipedia.org/wiki/Builder's_remedy

    In 1990, California amended the Housing Accountability Act (HAA, passed a decade before that) which created the state's builder's remedy process. Under the HAA, if a local municipality is not in compliance with California's housing development goals, developers are authorized to bypass that municipality's zoning laws so long as the new housing development contains at least 20% low-income ...

  7. Phil Murphy signs NJ affordable housing overhaul bill. Here's ...

    www.aol.com/phil-murphy-signs-contentious-nj...

    New Jersey towns will face a new process later this year to determine where affordable housing should be built, renovated or zoned for over the next decade, after Gov. Phil Murphy signed what he ...

  8. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    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.

  9. Massachusetts has a huge waitlist for state-funded housing ...

    www.aol.com/news/massachusetts-huge-waitlist...

    Deb Libby is running out of time to find a place to live. Libby, 56, moved to Worcester, Massachusetts, four years ago, in part to be closer to the doctors treating her for pancreatic cancer.