Governor Sherrill Announces Comprehensive Plan to Tackle Housing Affordability, Takes Immediate Actions

September 29, 2026 | nj.gov

Governor Mikie Sherrill today (9/29) unveiled her Administration’s comprehensive five-pillar plan to accelerate housing production and bring down costs at the Governor’s Conference on Housing and Economic Development. The Governor also announced strong actions out the gate as part of the rollout, including doubling housing production from 20,000 to 40,000 on state-owned land, introducing a shot clock to ensure permit applications can move forward on clear timelines, and deploying a new tax credit auction to generate tens of millions for affordable housing. 

Read More: Click Here

NJ SEED: There can be no doubt that Governor Sherrill is serious about addressing affordable housing. The accelerated plan announced last week in Atlantic City calls for development near transportation, schools, and jobs. It also calls for expedited permit approvals, the use of specific state properties, vacant office buildings, and aging strip malls. These and other initiatives are designed to move NJ closer to meeting the projected goal of 350,000 affordable dwellings.