
A report released on Friday by the New Jersey Department of Community Affairs has set preliminary affordable housing targets for every town in the state for 2025 – 2035. (Link: “2025 to 2035 Affordable Housing Calculations” via nj.gov). The figures were calculated as part of the “Fourth Round” of New Jersey’s fair housing laws, which are called the “Mt Laurel” laws. Locally, the town of Princeton has been given an obligation of 276 units. These new affordable homes must be completed by the year 2035.
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