Advocates say New Jersey budget falls short of affordable housing needs Advocates accused New Jersey lawmakers this week of underfunding affordable housing in the $58.8 billion annual budget they approved Monday. The budget diverts money from the Affordable Housing Trust Fund, which supports the construction and preservation of housing for people earning at or below 80% of an area’s median income.
NJ Senate Committee Calls on Congress to Address Housing Instability Insider NJ The New Jersey Senate Community and Urban Affairs Committee today advanced a resolution urging Congress to include funding to increase affordable home production, prevent homelessness, and reduce housing instability in the any federal reconciliation bill. Securing historic and essential housing investments is part of the HouseNJ campaign agenda promoted by the Housing and Community Development Network of New Jersey (the Network).
Why it is so hard to find affordable housing in New Jersey NorthJersey.com New Jersey severely lacks affordable housing, especially for those who need it most: For every 100 families earning extremely low incomes, the Garden State has only 31 affordable and available rentals — less than the national average and among the worst ratios in the Northeast, tied only with Delaware.
Advocates urge Murphy to invest federal funds in critical housing programs NJ Spotlight News Affordable housing isn’t just hard to come by in New Jersey; it’s at a crisis level, according to a new report, which finds that 73% of New Jersey’s poorest renter households spend more than half their incomes on housing, with little left over for other basic necessities.
Advocates hold out hope for Build Back Better's housing help NJ 101.5 Housing advocates continue to hold out hope that a revived “Build Back Better” bill can make it through Congress and that if it’s slimmed down, funding for rental assistance, public housing repairs and new affordable homes aren’t dropped from the reconciliation bill. Democratic members of Congress and the state Legislature joined the Housing and Community Development Network of New Jersey Wednesday for the launch of a ‘HouseNJ’ campaign that will advocate for the BBB’s housing money not to get cut out.
NJ has an affordable housing problem. Here's what experts say needs to be done NorthJersey.com New Jersey does not have enough affordable housing. Shelters are barely treading water. People at risk of eviction don’t know where to get help. Families are suffering. These were among the repeated refrains from homeless shelter officials, lawyers and housing advocates speaking at an Assembly Housing Committee hearing Thursday that focused on New Jersey’s eviction and homelessness crises, which have been exacerbated by the COVID-19 pandemic.