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Developers Score: Paramus Accepts State Affordable Housing Mandate of 1,000 New “Affordable Housing Units”

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the staff of the Ridgewood blog

Paramus NJ, the borough of Paramus, New Jersey, has officially accepted the state-mandated requirement to add 1,000 new “affordable housing units” over the next decade—the largest obligation of any town in Bergen County. While town officials acknowledge the necessity of meeting state housing laws, they are also seeking ways to reduce this number to 250 units through a study of available land.

Continue reading Developers Score: Paramus Accepts State Affordable Housing Mandate of 1,000 New “Affordable Housing Units”