affordable housing

A divided New Jersey Supreme Court on Thursday issued its latest ruling in a string of cases on affordable housing that date to the 1970s, ordering the state to rewrite its rules for how many homes for low-income residents each town is responsible for and inviting lawmakers to rethink their approach to the issue.

Towns and counties in the Garden State will share a piece of a $10.9 million pie being delivered by the U.S. Department of Housing and Urban Development (HUD). The federal funding is to be used for affordable housing availability and economic development programs.

A New Jersey court says the state government can seize money that towns had set aside for affordable housing, but only after following a procedure intended to give the communities due process.

New Jersey's top court won't life an injunction that temporarily bars the state government from seizing towns' affordable housing money until broader legal issues are determined.

The New Jersey Supreme Court is once again reviewing affordable housing.

A New Jersey appeals court panel has ruled that New Jersey's Department of Community Affairs cannot take affordable housing funds away from towns.

The state Assembly held a hearing Wednesday on the Christie Administration's efforts to claim $160 million in affordable housing funds for the state.

Time's up! Municipalities with hefty Affordable Housing Trust Funds could soon be hearing from the Council On Affordable Housing (COAH) to relinquish those funds to the state. However, Bill Dressel of the New Jersey League of Municipalities says towns are allowed due process.

An appeals court panel had decided the state can seize up to $200 million towns have set aside for affordable housing, but not without giving them a right to contest.

The New Jersey Residential Foreclosure Transformation Act was approved this week by the Assembly Appropriations Committee, aimed at reviving the stagnant economy and increasing home ownership.