NJ High Court Decision Could Boost Affordable Housing

Law360, New York (September 26, 2013, 10:02 PM EDT) -- A New Jersey Supreme Court decision Thursday forcing the state to revamp its affordable housing rules should spur more residential development to accommodate low and moderate-income individuals, and while the court invited lawmakers to devise their own alternatives, it may have shorted them on critical guidance, attorneys said.

In a 3-2 opinion, the court invalidated the state's “third-round” rules for affordable housing, based on their method for determining towns' obligations using statewide data and the actual residential and commercial growth the towns experience.

The state Supreme...
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