If you missed last week’s affordable housing decision from the N.J. Supreme Court, Save Jerseyans, then get caught up ASAP right here.
The bottom line?
New Jersey communities face NEW property tax-busting affordable housing requirements, as many as 150,000 unit state-wide; the numbers are being fought-out in a number of trial level venues as we speak.
Some of you have asked me what this could look like on a town-by-town basis.
Not pretty, that’s for damn sure, but our friend Assemblywoman Holly Schepisi (R-39) shared one pro-affordable housing organization’s projections via social media this morning to illustrate the challenge ahead for New Jersey’s municipalities.
Brace yourselves:
279 new units for Ho-Ho-Kus?
1,000 for Edgewater?
Where would you even fit 87 more units in Bogota?
“For anyone who believes Bergen County municipalities are treated fairly with respect to affordable housing obligations, please look at the numbers being argued by the Fair Share Housing Council for our towns,” explained Schepisi. “These numbers reflect just the affordable units they are trying to force upon our towns. If you include the fair market units that are required with the affordable units some of our towns are facing having to permit up to 4,000 new units of housing. THIS IS the definition of INSANITY!”
Vote like your lives depend on it in 2017, Save Jerseyans, because your ability to afford to stay here (if you haven’t given up already), is most certainly on-the-line.
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