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.
New Jersey Policy Perspective (NJPP) in anticipation of the Governor’s Budget speech on Tuesday has released a new report, “Investing in NJ’s Future Will Require New Revenues.”
On Tuesday, March 13, 2018, New Jersey’s new Governor Murphy will deliver his first state budget to the state legislature.
The report from Governor Murphy’s Housing Transition Team lays out six priorities to increase affordable housing and end foreclosures and does not call for the Council on Affordable Housing (COAH) to be resurrected.
On January 26, 2017, New Jersey Governor Phil Murphy and Lieutenant Governor Shelia Oliver’s gubernatorial transition team released its transition reports including one on housing and ending homelessness.