News Updates
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Two Paths to Affordable Housing, Or Not
A study, released in January by the public policy think tank New Jersey Future, compared Morris and Monmouth counties, two white, affluent and largely suburban counties that the nonprofit says have taken different paths in dealing with state housing mandates. Affordable housing has developed in both counties in markedly different ways that have led to more or less racial integration, differing distributions of affordable housing, and contrasting compliance with housing legislation. Keep reading »
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State Assembly Passes Bill to Make Changes to Affordable Housing
New Jersey lawmakers have advanced legislation (A-4) they say would lead towns to take a more creative approach to solving the state’s shortage of affordable housing. Keep reading »
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Homeowners Facing Foreclosure Get Chance to Keep Homes
Family members, lower income bidders, tenants and community development corporations will have an easier time purchasing foreclosed homes after Gov. Phil Murphy signed a bill Friday that overhauls the sheriff’s sale process.` Keep reading »
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NJ Speeds Up Mortgage Aid, But Still Trails Other States
New Jersey’s Emergency Rescue Mortgage Assistance program has given out over $100 million since February 2022, but complications have prevented more money from going out and have slowed distribution to those who have been approved. Keep reading »
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Micro-units Create Housing in Otherwise Unaffordable Market
Nohona Hale in Honolulu is Hawaii’s first micro-unit rental community, opening in 2020 in central Hawaii’s expensive rental market. Keep reading »
