NJ Housing Advocates Applaud Governor Murphy Announcement Boosting Affordable Homes

1/5/2023

The Murphy administration today delivered an announcement aimed at increasing the availability of affordable homes through improvements to the construction permitting process and the deployment of housing funds. On the announcement, Housing and Community Development Network of New Jersey (the Network) President and Chief Executive Officer Staci Berger issued the following statement:

“When a family is able to find an affordable, safe place to live, it’s like winning the lottery. A healthy home that won’t break their budget is extremely hard to find. New Jersey has a shortage of over 200,000 homes that are affordable and available to extremely low-income renters, with over 70 percent of those renters severely cost burdened. Today’s announcement will help chip away at that shortage.

“We are thrilled that so many of the non-profits developers who are receiving these allocations are Network members. Our nonprofit, community developers are working tirelessly to make sure everyone has a safe, affordable place to call home in a neighborhood of their choice.

“Thank you to Governor Murphy and Lieutenant Governor Oliver for making housing stability a priority of this administration. These actions will put our state on a path that will help HouseNJ by creating greater access to affordable homes and building strong communities.”

About the Housing and Community Development Network of NJ
The Housing and Community Development Network of New Jersey is the statewide association of more than 275 community development corporations, individuals and other organizations that support the creation of affordable homes, economic opportunities, and strong communities. For more information on the Network, visit www.hcdnnj.org.

For more information: Nina Rainiero
(609) 393-3752 x1200
Website: hcdnnj.org
Twitter site: twitter.com/hcdnnj
Facebook site: facebook.com/hcdnnj