New Jersey's 100,000 Unit Housing Plan

To combat housing prices that are increasingly out of reach for low- and middle-income buyers, the state has announced plans to develop 100,000 units of affordable housing over 10 years.

1 minute read

August 10, 2006, 2:00 PM PDT

By Christian Madera @http://www.twitter.com/cpmadera

"In the state's first attempt at outlining a comprehensive housing strategy, the 44-page report evaluates the shortcomings of current housing programs and sets the stage for Gov. Jon S. Corzine to announce the details of a comprehensive housing program â€" with specific recommendations and price tags â€" by the end of the year.

In scope and in approach, the plan is analogous to one undertaken by Mayor Michael R. Bloomberg of New York in December 2002 to build or preserve 65,000 units over five years."

Read the full story: 100,000 Units of Housing Are Planned in New Jersey

Thursday, August 10, 2006 in The New York Times

Community / Economic Development Housing Urban Development New Jersey

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