January 25, 2024 | njspotlightnews.org
“We are still roughly 200,000 units short on the needed number of affordable apartments in our state,” said Sen. Troy Singleton, chair of the Senate Urban and Community Affairs Committee, which got back to work Thursday on a package of bills that address the need for more affordable housing in New Jersey.
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NJ SEED: As housing costs continue to rise the demand for affordable housing increases. With a shortage of housing units estimated to be about 200,000, a proposed new law would expand the state’s authority to require municipalities to provide more affordable housing opportunities.