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Phil Murphy signs NJ affordable housing overhaul bill. Here's what it does

Summary by Ground News
New Jersey Gov. Phil Murphy signs a bill to help towns meet affordable housing mandate. The state lacks an estimated 200,000 units for low- and moderate-income families. The bill will replace the often drawn-out lawsuits through which municipalities negotiated with the Fair Share Housing Center. The law creates a dispute resolution program in the courts.

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Phil Murphy signs NJ affordable housing overhaul bill. Here's what it does

The bill codifies a formula to help towns determine the number of units they need to fulfill a mandate, with the state needing about 200,000 built.

·New Jersey, United States
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North Jersey broke the news in New Jersey, United States on Wednesday, March 20, 2024.
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