News From Trenton · October 15, 2024

Can NJ Get Creative to Build More Affordable Housing?

Credit: Image by HazarMan from Pixabay

njspotlightnews.org

New Jersey has a housing problem that is decades in the making.

One of the most expensive states in the nation to live, New Jersey needs an estimated 214,000 additional low-rent homes to satisfy the demand, despite nearly a half-century of state Supreme Court rulings — known collectively as the Mount Laurel Doctrine — requiring municipalities to zone for their “fair share” of affordable housing needs.

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From NJ SEED: News From Trenton - October 15, 2024.