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Housing

NJ Urged ‘to Get Creative’ on Tax Incentives, Focus on Affordable Housing

Colleen O'Dea | July 19, 2019 | Housing

Call comes amid a stalemate between the governor and leading legislators over the future of state economic-development efforts

New Foreclosure Law Aims to Inhibit Loss of Affordable Homes in NJ

Colleen O'Dea | July 15, 2019 | Housing
At start of proceedings, measure would give municipalities option to buy homes that are deed-restricted for low- and moderate-income purchasers
Sweeping Changes to NJ’s Rules on Affordable Housing Proposed
Colleen O'Dea | June 18, 2019 | Housing
Housing advocates cheer controversial bill as builders decry proposed new requirements for high-density developments and question constitutionality
Republicans Say Senate Bill to End Rent Discrimination Unfair to Landlords
Colleen O'Dea | June 11, 2019 | Housing
Ending discrimination is goal of measure voted out in Senate, but critics say it forces landlords to accept renters into their own houses — even if they are uncomfortable with their presence
More Money for ‘Energized’ Agenda on Housing, Community Programs
Colleen O'Dea | May 3, 2019 | Housing
Lt. Gov. Sheila Oliver promises big year for Department of Community Affairs after a decade of ‘atrophy’
Murphy Signs Package of Nine Bills to Alleviate NJ’s Foreclosure Crisis
Michael Aron | NJTV News | April 30, 2019 | Housing
Governor and bipartisan group of lawmakers hope to knock New Jersey out of top spot for foreclosures, now double the national rate
Murphy Announces More Support for Sandy Families Not Yet in Their Homes
Michael Aron | NJTV News | April 9, 2019 | Housing
Cap on federal grants eliminated; additional 19 months of federally funded rental assistance
Trenton Tackles NJ’s Foreclosure Rate, Down but Still Highest in Nation
Colleen O'Dea | March 27, 2019 | Housing
According to state officials, there are 20,000 active foreclosure cases currently making their way through the courts
Package of Bills Hopes to Knock NJ Out of the Top Spot in Foreclosures
Colleen O'Dea | February 7, 2019 | Housing
Legislation would help owners struggling to make their mortgage payments, as well as get foreclosed properties back in circulation sooner, adding to housing stock and reducing neighborhood blight
NJ Wants to Redirect Unspent Federal Aid to Help Last Sandy Victims Get Home
Colleen O'Dea | January 8, 2019 | Housing
State would use $50 million for people to finish rebuilding their damaged homes and another $10 to construct multi-family affordable units
Top Reports: Tackling NJ’s Stubborn Housing Problems
Colleen O'Dea | December 24, 2018 | Housing, Winter 2018
The high price of housing is one reason it costs so much to live in New Jersey. The state has also been dogged by a high rate of foreclosures. What are the solutions?
Challenge for NJ Cities: Gentrify Without Driving Out Less-Affluent Residents
Colleen O'Dea | December 13, 2018 | Housing, Planning
Newly minted report advises local and state officials on how to attract new residents and businesses without decimating older communities
Who Can Solve New Jersey’s Affordable-Housing Conundrum?
John Reitmeyer | November 15, 2018 | Politics, Housing
Gov. Murphy hasn’t made affordable housing a priority, but he’s giving the closing keynote at the League of Municipalities annual conference, and local leaders — among others — are looking for guidance
How to Fix South Jersey’s ‘Toxic’ Foreclosure Problem
Colleen O'Dea | October 23, 2018 | Housing
Options presented for what legislators, nonprofits and private sector could do to ‘prevent further damage to our neighborhoods and communities’
Plenty of Backers for Big Tax Credit to Rehabilitate Historic Properties in NJ
John Reitmeyer | October 19, 2018 | Housing, Planning
Homeowners and developers would be eligible for incentive, which could be worth up to 25 percent of the cost of a qualified project
Murphy Pledges New Tax Credits, Other Programs for Housing, Communities
Colleen O'Dea | October 3, 2018 | Housing
Governor says his new economic plan will help rejuvenate rundown neighborhoods, give tax credits for affordable housing
Foreclosures Way Down In NJ, New Proposals for Ways to Ease Process Further
Colleen O'Dea | September 21, 2018 | Housing
Numbers have been reduced to fewer than 28,000 but report recommends many improvements, including counseling and mediation services
Momentum for State to Buy Foreclosed Homes, Turn Into Affordable Housing
Colleen O'Dea | September 19, 2018 | Housing
Similar measures failed repeatedly under Gov. Christie, but proponents optimistic his successor will look favorably on plan to remake thousands of bank-owned homes
The Man at the Center of New Jersey’s Affordable Housing Debate
Colleen O'Dea | September 10, 2018 | Housing
Assemblyman Benjie Wimberly, new chairman of key housing committee, says the conversation on fair and cost-effective accommodation in Garden State has just begun
State Agency to Partner with Hospitals on Housing Initiative
Colleen O'Dea | August 6, 2018 | Healthcare, Housing
As part of pilot program, Housing and Mortgage Finance Agency will provide matching funds for homes to be built near healthcare facilities
Charges of Racism Leveled at Assembly Hearing on Affordable Housing
Colleen O'Dea | July 26, 2018 | Housing
Claims that towns don’t have adequate infrastructure or large enough school systems to meet steep housing obligations dismissed as economic segregation
Republicans Want to Wrest Control of Affordable Housing from NJ Courts
Colleen O'Dea | July 12, 2018 | Housing
Judges have overseen agreements that could lead to construction of tens of thousands of homes. Their ‘micromanaging’ of process is a problem for GOP leader
Budget Earmarks Funds to Build Affordable Homes in NJ — at Last
Colleen O'Dea | July 3, 2018 | Budget, Housing
While significant sum still allowed to be diverted, $15 million has been put aside specifically for constructing homes
NJ Thinks Very Small, Hoping to Make Big Difference in Affordable Housing
Colleen O'Dea | June 26, 2018 | Housing
Can ‘tiny homes’ establish a firm enough foundation in the Garden State, giving the homeless and the poor a way to put a roof over their head?
As NJ Rents Continue to Climb, Finding an Apartment Becomes Even Tougher
Colleen O'Dea | June 14, 2018 | Housing
Hundreds of thousands of residents don’t earn enough to cover the rent on an average two-bedroom, without struggling to pay other bills and meet routine expenses
Despite Campaign Promises, Murphy Plans to Raid Affordable-Housing Fund
Colleen O'Dea | May 10, 2018 | Housing
The governor wants to use almost $78 million dedicated to building homes for low- and middle-income residents to plug holes in the general fund
NJ Court Determines How Many Affordable-Housing Units Needed by 2025
Colleen O'Dea | March 12, 2018 | Housing
Ruling sets statewide housing quota for new affordable units at close to 155,000, according to Mercer County Superior Court Assignment Judge Mary Jacobson
Profiling Local Property Taxes and Property-Tax Relief Across Garden State
Colleen O'Dea | March 2, 2018 | Housing
Increased transparency at the Department of Community Affairs makes it possible to track property taxes for New Jersey municipalities - and see where and by how much the state tried to offset them
As Redlining Persists, Camden Area Among Hot Spots in U.S. for Mortgage Denials
Colleen O'Dea | February 16, 2018 | Housing
Investigation finds people continue to be denied loans based on factors such as race, despite legislation supposed to ban the practice
Housing Transition Team Advises Murphy: First, Acknowledge the Crisis
Colleen O'Dea | January 31, 2018 | Housing
Report lays out six priorities to increase housing stock and end foreclosures, does not call for COAH to be resurrected
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