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Headlines for July 15, 2025
Housing Network Steps up Efforts to Require NJ to Dedicate Mansion Tax to Affordable Housing
NJ’s officials must use mansion tax to restore affordable housing funds now
Advocates Launch “Fix It! Restore Affordable Home Funding” Campaign to Reverse Affordable Housing Trust Fund Diversion

NJ’s officials must use mansion tax to restore affordable housing funds now By Staci Berger and Edward Bethea - July 15, 2025
New Jersey has taken a meaningful step by increasing taxes on luxury real estate transactions, but by failing to dedicate that revenue to affordable homes, state leaders have missed a critical opportunity to address one of our biggest challenges.
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