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Affordable housing is the key to New Jersey’s future | Opinion

As one of the most expensive real estate markets in the U.S., New Jersey faces a severe shortage of affordable homes — over 200,000 units short, with 14 prospective renters vying for each vacancy. The human impacts of this crisis are profound, especially for Latino families, who experience housing instability at disproportionate rates due to the lingering effects of historical discrimination and residential segregation.

affordable housing quotas

State sets new affordable housing quotas

New Jersey has established new municipal quotas for affordable housing, aiming to address the housing crisis and promote equitable development statewide.

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