TRENTON, NJ – Governor Phil Murphy has signed a comprehensive set of bills aimed at revolutionizing affordable housing in New Jersey. This legislative package promises a more equitable, efficient, and cost-effective approach to meeting the state’s affordable housing needs, transitioning away from the court-driven processes of the past. The centerpiece of the reforms, the bill A-4/S-50, spearheads a new framework under the Mount Laurel doctrine and the Fair Housing Act, set to take effect from the compliance period beginning in 2025. The Department of Community Affairs will use a non-binding formula to calculate municipalities’ affordable housing needs, with a newly
TRENTON, NJ – Governor Phil Murphy has signed a comprehensive set of bills aimed at revolutionizing affordable housing in New Jersey. This legislative package promises a more equitable, efficient, and cost-effective approach to meeting the state’s affordable housing needs, transitioning away from the court-driven processes of the past. The centerpiece of the reforms, the bill A-4/S-50, spearheads a new framework under the Mount Laurel doctrine and the Fair Housing Act, set to take effect from the compliance period beginning in 2025. The Department of Community Affairs will use a non-binding formula to calculate municipalities’ affordable housing needs, with a newly