Posted by Matt Rooney On January 25, 2017
If you missed last week’s affordable housing decision from the N.J. Supreme Court, Save Jerseyans, then get caught up ASAP right here.
The bottom line?
New Jersey communities face NEW property tax-busting affordable housing requirements, as many as 150,000 unit state-wide; the numbers are being fought-out in a number of trial level venues as we speak.
Some of you have asked me what this could look like on a town-by-town basis.
Not pretty, that’s for damn sure, but our friend Assemblywoman Holly Schepisi (R-39) shared one pro-affordable housing organization’s projections via social media this morning to illustrate the challenge ahead for New Jersey’s municipalities.