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Greater Newark & Jersey City LISC
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Public Policy


Public policy in favor of community development initiatives could hasten CDCs efforts to acquire abandoned land, condemnation of deteriorating structures and facilitate whole neighborhood revitalization efforts in the areas we work.  Currently, the Greater Newark & Jersey City area is littered with vacant and abandoned properties, which could be developed into housing, commercial space, or other community assets. However, without appropriate public policy, the transfer of this land to CDCs or others who can put it to good use is hindered by a maze of legal, procedural, and economic barriers. As a champion for local community development efforts, the Greater Newark & Jersey City LISC office works to strategically address community development obstacles.

To that end, the Greater Newark & Jersey City LISC program has joined forces with New Jersey CDCs, Housing and Community Development Network of New Jersey, Fannie Mae and a number of other community development advocates and formed the Homes for New Jersey coalition.  The coalition's mission is to double the amount of affordable housing produced, preserved and rehabilitated in New Jersey.  Currently the State produces an estimated 5,000 affordable housing units a year.  The Homes for New Jersey is advocating for that number to increase over the next four years producing a 10,000 units per year or 40,000 in four years. 

To learn more about Homes for New Jersey please click here.


Related Policy Articles
May 10, 2004
KnowledgePlex
www.Knowledgeplex.org 
In re Low Income Housing Tax Credit Qualified Allocation Plan; New Jersey Superior, Appellate Division: CIVIL RIGHTS- Low Income housing - Qualified Allocation plans - Tax Credit published by the New Jersey Law Journal summarizes the decisions made by the Appellate Court in reference to the Fair Share Housing lawsuit against New Jersey Housing Mortgage Finance Agency.  You can access the article by clicking http://www.knowledgeplex.org/news/24397.html.

May 3, 2004
KnowledgePlex
www.Knowledgeplex.org 
Court Tosses Race-Based Challenge to New Jersey Affordable-Housing Rules written by Mary Gallagher in the New Jersey Law Journal addresses the most recent decision held by courts in Fair Share Housing's lawsuit against the NJ Housing Mortgage Finance Agency (HMFA).  You can access the article by clicking http://www.knowledgeplex.org/news/18833.html.

April 29, 2004
Star Ledger
www.nj.com
Challenge Is Rebuffed on Affordable Housing written by Kathy Barrett Carter, Star Ledger Staff, covers court ruling in Fair Share Housing lawsuit against New Jersey Housing Mortgage Finance Agency. Click here to access article.