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Advocates say New Jersey budget falls short of affordable housing needs

Advocates accused New Jersey lawmakers this week of underfunding affordable housing in the $58.8 billion annual budget they approved Monday. The budget diverts money from the Affordable Housing Trust Fund, which supports the construction and preservation of housing for people earning at or below 80% of an area’s median income.

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You can’t cut property taxes while opposing affordable housing

Picture this: the nurse who bandages your child’s scraped knee, the firefighter who answers your call in the night, the home health aide who tends to your aging parent — all commuting long distances because they can’t afford to live where they work.

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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.

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