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Published in the Star Ledger, Friday, May 11, 2007
Bill advances to earmark very-low-income housing
Legislation that would set aside at least 25 percent of affordable housing built in New Jersey for families attempting to live on very low incomes was approved by the Assembly Housing and Local Government Committee yesterday.
"More than 1 million New Jersey families don't earn enough to afford the rent on an average two-bedroom apartment in the state," said Assemblyman Wilfredo Caraballo (D-Essex), a co-sponsor. "This bill will ensure that we set aside enough quality housing for New Jersey's most vulnerable families."
About 75 affordable housing activists lobbied legislators at the Statehouse to approve the measure. The legislation (A1343), which would amend the state's "Fair Housing Act," moves to the full Assembly for consideration.
According to a 2006 study by the nonprofit Housing and Community Development Network of New Jersey, the average cost to rent a two-bedroom apartment is $1,058, requiring a family to earn more than $43,000 to meet the standard that the cost of their rent does not exceed one-third of their income.
Link to online story.
(Note: Online stories may be taken down by their publisher after a period of time or made available for a fee. Links posted here is from the original online publication of this piece.)
(In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. Plainfield Today, Plainfield Stuff and Clippings have no affiliation whatsoever with the originator of these articles nor are Plainfield Today, Plainfield Stuff or Clippings endorsed or sponsored by the originator.)
Published in the Star Ledger, Friday, May 11, 2007
Bill advances to earmark very-low-income housing
Legislation that would set aside at least 25 percent of affordable housing built in New Jersey for families attempting to live on very low incomes was approved by the Assembly Housing and Local Government Committee yesterday.
"More than 1 million New Jersey families don't earn enough to afford the rent on an average two-bedroom apartment in the state," said Assemblyman Wilfredo Caraballo (D-Essex), a co-sponsor. "This bill will ensure that we set aside enough quality housing for New Jersey's most vulnerable families."
About 75 affordable housing activists lobbied legislators at the Statehouse to approve the measure. The legislation (A1343), which would amend the state's "Fair Housing Act," moves to the full Assembly for consideration.
According to a 2006 study by the nonprofit Housing and Community Development Network of New Jersey, the average cost to rent a two-bedroom apartment is $1,058, requiring a family to earn more than $43,000 to meet the standard that the cost of their rent does not exceed one-third of their income.
Link to online story.
(Note: Online stories may be taken down by their publisher after a period of time or made available for a fee. Links posted here is from the original online publication of this piece.)
(In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. Plainfield Today, Plainfield Stuff and Clippings have no affiliation whatsoever with the originator of these articles nor are Plainfield Today, Plainfield Stuff or Clippings endorsed or sponsored by the originator.)
