Save New Jersey’s Affordable Housing Trust Fund

Gov. Christie's budget proposes to reduce the state's affordable housing trust fund by $30 million.  If this is allowed to happen, not one dollar will be available either to build or rehabilitate new affordable homes, or to support the ability of New Jersey's non-profit sector to continue creating homes for people in the future.
 
We are not seeking additional funding for these programs - only that the funds guaranteed by state law be retained.
 
These cuts will also eliminate jobs and reduce potential tax revenues for state and local governments.  If these cuts are not stopped, $30 million will be lost ($25 million for housing production, and $5 million to support non-profit capacity) and our communities will lose out on much larger economic benefits. 

Access a fact sheet outlining the the economic impacts of the housing budget cuts on workers, municipalities, and our sector.

Access the testimony of the Network's Arnold Cohen regarding the impact of the proposed cuts, and a media release on the issue.

WHAT YOU CAN DO  - Access sample letters and other information on what you can do to join in the campaign to prevent the lost of this crucial funding.

ALSO, visit Better Choices for New Jersey for viable proposals to increase state revenues and preserve vital housing programs, and sign up for a Citizens Rally on May 22 in Trenton.