By: Staci Berger, Edward Bethea
The Affordable Housing Trust Fund is essential for creating affordable homes in New Jersey, but it needs strengthening to fulfill its promise. As fiscal year 2025 budget discussions continue, the Housing and Community Development Network of New Jersey urges legislators to support measures like expanding the realty transfer fee and implementing a luxury landlord tax. These steps are crucial to address the state's affordable home deficit, rising rents, and racial barriers to housing.
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