June 18, 2019-SWEEPING CHANGES TO NJ’S RULES ON AFFORDABLE HOUSING PROPOSED

Housing advocates cheer controversial bill as builders decry proposed new requirements for high-density developments and question constitutionality

New Jersey would impose, for the first time, a requirement that a quarter of units in many proposed high-density developments be affordable to residents of low- to middle-income under a bill that cleared its first legislative hurdle on Monday. The measure is aimed at trying to ensure that high-demand municipalities in the northeast, in particular, do not displace residents as they redevelop and gentrify. Read more