News Updates
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New Jersey Invests $28 Million to Increase Affordable Housing Statewide
The state of New Jersey is investing $28 million through a series of Low Income Housing Tax Credits that will help build 1,400 affordable apartments for families, seniors and special needs residents across the state. The LIHTC investments will come from the New Jersey Housing and Mortgage Finance Agency. Keep reading »
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Economic Recovery Not Reaching All of NJ
A new economic study shows the post-recession recovery is elusive for low-income workers in New Jersey who struggle to pay for basic needs. Keep reading »
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Momentum for State to Buy Foreclosed Homes, Turn Into Affordable Housing
New Jersey would buy up foreclosed homes and turn them into affordable housing to address two long-standing problems in the state, under legislation that has begun moving through the Legislature. Keep reading »
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Housing and Community Development Public Hearing on Foreclosure & Vacant Properties
Assembly Housing and Community Development Chair Benjie Wimberly will convene a hearing at Kean University on Thursday to discuss the issues of foreclosure and vacant properties in the state. The committee will receive testimony from invited speakers and the public. Keep reading »
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Federal Judge Dismisses Affirmatively Furthering Fair Housing Lawsuit
Late last month a federal judge dismissed a lawsuit brought by fair housing advocacy groups asking for a preliminary injunction against HUD for withdrawing the Local Government Assessment Tool (Assessment Tool). Communities have been required to use the Assessment Tool to complete their Assessment of Fair Housing (AFH) and determine whether they are in compliance with the 2015 Affirmatively Furthering Fair Housing (AFFH) Rule. Keep reading »
