Last week, NJBiz reported that over 100 nonprofit community developers and housing advocates, including Monarch Housing, sent a letter this week to the Murphy Administration and members of the New Jersey General Assembly.
The governor wants to use almost $78 million dedicated to building homes for low- and middle-income residents to plug holes in the general fund. As a candidate, Phil Murphy pledged he would not follow his predecessor’s path and divert affordable housing funds to plug holes in the state budget.
Congressman Pascrell Addresses 40 Constituents at Hill Day in 2017
Over one-third of the House has signed on to support the Affordable Housing Credit Improvement Act (H.R. 1661.) This bipartisan legislation would make significant strides towards addressing our nation’s severe shortage of affordable rental housing.
New Jersey Department of Community Affairs, the New Jersey Housing and Mortgage Finance Agency and the New Jersey Economic Development Authority will host the Annual Governor’s Conference on Housing and Economic Development on October 2-3.