‘Historic milestone’ as NJ towns submit affordable housing plans

‘Historic milestone’ as NJ towns submit affordable housing plans

All 564 New Jersey municipalities this week faced a deadline to comply with the state’s affordable housing law. That means they had to adopt ordinances stating how they’ll plan for such residences over the next decade. It’s been a contentious journey. Several towns are still not on board, even as housing advocates say the state needs more than 200,000 new units to help address the affordability crisis.

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AFFORDABLE HOUSING SET TO TAKE OFF

Affordable housing is about to get a jolt in New Jersey as towns begin implementing the plans they have been scrambling to design and get okayed in order to meet a March 15 legislative deadline. The timeline was established by a critical law passed in 2024 which for the first time set into the legal statutes the rules determining how much affordable housing must be built by towns.

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