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The dire shortage of affordable rental housing in New Jersey is largely the result of restrictive zoning laws that discourage the construction of duplexes and other multi-family housing units.
The Council on Affordable Housing (COAH) was, until its abolition in 2024, [1] an agency of the Government of New Jersey within the New Jersey Department of Community Affairs that was responsible for ensuring that all 566 New Jersey municipalities provided their fair share of low and moderate income housing.
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. The doctrine takes its name from the ...
Contents. List of New Jersey locations by per capita income. New Jersey is one of the wealthiest states in the United States of America, with a per capita income of $35,928 (2012) and a personal per capita income of $50,781 (2010). [ 1 ][ 2 ] Its median household income is $71,637 (2012) and its median family income is $87,389 (2012), both the ...
In his news conference Thursday, Newsom said the total housing package includes 32 bills and he signed seven at the event that tweak a number of existing rules to try to spur more housing. One ...
t. e. The Low-Income Housing Tax Credit (LIHTC) is a federal program in the United States that awards tax credits to housing developers in exchange for agreeing to reserve a certain fraction of rent-restricted units for lower-income households. [1] The program was created under the Tax Reform Act of 1986 (TRA86) to incentivize the use of ...
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