Aspects of New Jersey’s current affordable housing laws Bayshore Courier News Posted:02/02/10
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New Jersey – Monday, the Senate Economic Growth Committee meeting heard testimony concerning S-1, a bill introduced by Sen. Raymond Lesniak (D-20) that seeks to reform New Jersey's affordable housing laws.
"This is a good first step towards making the kind of changes that New Jersey's affordable housing law and regulations so desperately need," said Beck. "Senator Lesniak has struck the right chord with this bill by listening to all of the stakeholders and working to craft the kind of bill that different interest groups can support. During his campaign, Governor Christie pointed out the many aspects of New Jersey's current affordable housing laws that need to be reformed or completely abolished. I am hopeful that with this piece of legislation, New Jersey will be able to offer the kind of affordable housing that is needed without adding to the financial burden that is already pushing people out of the State."
Senate Bill S-1 offers genuine reform of the State's affordable housing laws by abolishing the Council on Affordable Housing, transferring any remaining authority to the State Planning Commission, and allowing municipalities to administer their own affordable housing obligations, permitting local governments to take charge of planning opportunities for affordable housing.
Senator Lesniak said in a press release last month that he is hopeful the bill will be ready for a vote in front of the Senate Economic Growth Committee at its March 8 meeting. If the bill passes committee, it will go before the full Senate for a vote.
