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NJ Sets New Affordable Housing Quotas: Check Your Town's Numbers

Municipalities across New Jersey must add or rehabilitate approximately 146,000 affordable housing units by 2035.

Apartment building

Apartment building

Photo Credit: StockSnap Pixabay

Last week, the Department of Community Affairs released non-binding calculations for every town across the Garden State by a new law requiring each town to meet a specific obligation.

You can click here to see the numbers in your town (page 20).

The list includes two sets of numbers: "Present Need" and "Prospective Need." Present Need refers to renovating existing substandard units while Prospective Need refers to the number of new units that each municipality must create.

While Atlantic City has a Present Need of 875, it has a Prospective Need of 0. Meanwhile, Carlstadt (Bergen County), has a Present Need of 0 but a Prospective Need of 511. 

Paramus by far has the highest Prospective Need in the county, if not the state: 1,523.

Each municipality must either agree with the state's numbers or calculate their own in accordance with state law, by Jan. 31, 2025.

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