In order to afford a two-bedroom apartment at far market rent in New Jersey in 2014, a family needed to earn an hourly housing wage of $25.17.
The Housing and Community Development Network of NJ and Monarch Housing will release the 2015 Out of Reach results on May 19th at Kilmer Homes.
Housing the homeless is one part of a strategy that can move people through the transition to financial stability and self-sufficiency.
Kilmer Homes will comfortably accommodate middle- and lower-income families, people with disabilities and people who were previously homeless.
On March 20, Congressman Frank Pallone toured Kilmer Homes and met with two families who will be moving into their new affordable homes in April.