NJ: Affordable housing shift blocked by court
By Tom Hester Jr.
TRENTON - A state appellate court yesterday ordered the state to reconsider a plan by a wealthy Monmouth County community to pay a poverty-laden nearby town to take on its affordable housing obligation, a decision hailed as crucial by affordable housing advocates.
The court ordered the state to reconsider a regional contribution agreement (RCA) it approved under which Colts Neck, N.J., was to pay Long Branch $2.83 million to repair and develop 107 homes for low-income residents.
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