The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
file photo by Boyd Loving
the staff of the Ridgewood blog
Ridgewood NJ, some municipalities sell naming right to stadiums , the Village of Ridgewood is selling assigned parking spaces in the Hudson Garage and the Cottage Place parking lot which can be used 24/7/365, through December 31, 2022. Please contact the Village Hall Receptionist at 201-670-5500 ext. 2200 for further information.
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Garfield NJ, with the passing of marijuana legalization in New Jersey many municipalities are not sure what the best possible course of action is. Should New Jersey towns embrace legalization or shun it ?
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TRENTON NJ, In response to growing concerns about financial market disruptions on local governments, the Murphy Administration and the New Jersey Infrastructure Bank (I-Bank) have implemented a backstop municipal bond note program. I-Bank’s $50 million liquidity investment, which is designed to help mitigate financial impacts to municipalities during the coronavirus state of emergency, launched on April 15.
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River Vale NJ, Holly Schepisi New Jersey State Assemblywoman for District 39 ,Currently, New Jersey has a total of 391,428 vacant housing units, according to Census data, with the highest concentration in Newark. These numbers are staggering particularly as we build hundreds of thousands additional units of court imposed housing in New Jersey. Why aren’t we converting even a fraction of these homes into affordable housing rather than building on every last remaining parcel? What is wrong with this State?
By Tom Bergeron, June 20, 2017 at 7:48 AM
A bill that would standardize taxes paid by those staying in short-term residential accommodations such as Airbnb was approved by the state Senate Monday and is heading to Gov. Chris Christie’s desk.
If signed, the legislation would provide more than $6 million in tax revenue for municipalities and the state of the New Jersey, supporters said.
A similar measure, put in place by Jersey City two years, generated approximately $1 million in revenue for Jersey City in 2016.
BY MARINA VILLENEUVE
STAFF WRITER |
THE RECORD
A state judge has challenged a core argument by more than 200 municipalities opposing advocates’ call for construction of more than 200,000 low- and moderate-income housing units statewide over the next 10 years.
Judge Marc Troncone’s Feb. 18 ruling in Superior Court, Ocean County, marks the second time a judge has ruled that local governments can’t ignore the housing demand that’s built up since 1999 amid stagnant action on the issue.
Troncone is one of 15 judges reviewing the affordable housing plans of hundreds of municipalities statewide — and what should be their baseline numbers.
Both municipalities and housing rights groups cite experts with sharply different ways of calculating so-called affordable housing needs until 2025. Each side says it is the one being realistic.
Troncone’s opinion specifically questions a Dec. 30 report, commissioned by a group of 283 municipalities, putting the need at just under 37,000 units. The Philadelphia-based Econsult Solutions report doesn’t include the “gap period” of 1999-2015, when a state agency failed to set affordable-housing quotas for communities..
