Almost 75 NJ organizations, have signed on in support of this letter but we need others to join this letter. The deadline to sign is September 1st.
In New Jersey, only 6.9% of mortgages in NJ from 2011-2013 were over $500,000 while there is a shortage of 210,481 units affordable homes.
Caps Hurt Communities seeks to build a movement of individuals and organizations committed to bringing an end to federal sequester caps.
The sequester caps have resulted in House and Senate HUD spending bills for FY16 that would make deep cuts in housing programs.
To truly address the acute need for affordable rental housing and the epidemic of homelessness, we must fully fund housing and homeless programs.