Ads
related to: nj low income housing
Search results
Results From The WOW.Com Content Network
The Mount Laurel doctrine is a significant judicial doctrine of the New Jersey State Constitution.The doctrine requires that municipalities use their zoning powers in an affirmative manner to provide a realistic opportunity for the production of housing affordable to low- and moderate-income households.
Nearly a decade after New Jersey's Supreme Court rebooted a long-ignored affordable-housing mandate for local towns, the Murphy administration earlier this month issued its recommended obligations ...
COAH defined housing regions, estimated the needs for low/moderate income housing, allocated fair share numbers by municipality and reviewed plans to fulfill these obligations. [citation needed] As of January 2006, 287 of New Jersey's 566 municipalities were part of the COAH process, and another 78 were under the court's jurisdiction.
The federal government, through its Low-Income Housing Tax Credit program (which in 2012 paid for construction of 90% of all subsidized rental housing in the US), spends $6 billion per year to finance 50,000 low-income rental units annually, with median costs per unit for new construction (2011–2015) ranging from $126,000 in Texas to $326,000 ...
The numbers, released late Friday afternoon, call for 84,698 affordable units statewide to be designated in the next decade.
Rents, which are based on income, range from $594 for a family of two making less than $31,213 to $1,808 for a family of six making less than $120,690. ... In 1985, New Jersey passed the Fair ...