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The bill codifies a formula to help towns determine the number of units they need to fulfill a mandate, with the state needing about 200,000 built.
NJ affordable housing need of up to 250,000 units Proponents have stressed that A4/S50 is not the panacea for solving the affordable housing crisis and addressing infrastructure needs, school ...
Home prices by county (2021) <$100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000+ Cost of housing by State This article contains a list of U.S. states and the District of Columbia by median home price, according to data from Zillow.
The geographic distribution of affordable housing and its respective restrictions provides a disproportionate distribution of benefits to certain economic groups. Research has found that cities are more likely to have zoning restrictions, which effectively limits the expansion of affordable housing units in these areas.
The median value of an owner-occupied housing unit is $337,900 (2012), ranked fifth in the country. New Jersey has the highest percentage of millionaire residents in the country with 7.12% of New Jersey households having $1 million or more liquid or investible assets, not including equity in homes.
The Biden administration on Wednesday announced the award of $85 million in housing funds to 21 state and local governments for a new program aimed at helping them remove barriers to the ...
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