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Housing Developers New Jersey

Fox Rothschild LLP

Affordable Housing Clock Ticks Toward June 2025 Deadline in New Jersey’s Fourth Round

Fox Rothschild LLP on

The latest round of affordable housing development in New Jersey is well underway, with a key deadline for municipalities and developers fast approaching on June 30, 2025. This fourth round — spanning 2025 to 2035 — is...more

Fox Rothschild LLP

New Jersey Establishes Affordable Housing Calculation Methodology, Allocates Need

Fox Rothschild LLP on

The New Jersey Department of Community Affairs recently established the calculation methodology and allocation of prospective affordable housing need for all 564 municipalities in the state. The “Affordable Housing...more

Greenbaum, Rowe, Smith & Davis LLP

New Jersey Releases Fourth Round Affordable Housing Calculations; Identifies Present and Future Need for 150,000 New Units...

As required by legislation adopted earlier this year, which formally abolished the Council on Affordable Housing (COAH), the New Jersey Department of Community Affairs (DCA) has released its highly anticipated calculations of...more

Mandelbaum Barrett PC

New Jersey Introduces Accelerated Depreciation for Affordable Housing

Mandelbaum Barrett PC on

In a bid to incentivize the development of affordable housing, New Jersey has implemented a significant policy change. Effective from the tax year beginning on January 1, 2025, the state now offers accelerated depreciation...more

Greenbaum, Rowe, Smith & Davis LLP

New Jersey Enacts Landmark Legislation to Overhaul Affordable Housing Laws

On March 20, 2024, New Jersey enacted legislation which substantially revises the Fair Housing Act governing housing for low-income and moderate-income families in New Jersey. The new law is intended to streamline compliance...more

K&L Gates LLP

New Jersey Legislature Amends Statute of Limitations for Defect Claims Brought by Condominium and Homeowners' Associations

K&L Gates LLP on

Common interest communities in New Jersey likely have more time to assert construction and design defect claims under the New Jersey Legislature’s 2022 amendment to N.J.S.A. 2A:14-1. Condominium associations, cooperative...more

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